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A bankruptcy judge said space-technology company Vector Launch can proceed with a proposed sale of some of its assets to Lockheed Martin after the companies agreed to cut bid protections by about 20%.
Vector Green has 700 megawatts operational and 300 megawatts under-construction wind and solar energy assets, besides having a 1 gigawatt investment-ready asset in the pipeline, Mint said.
Sembcorp Green Infra has agreed to acquire Mumbai-based renewables producer Vector Green, which has a 583 MW solar and wind portfolio in India.
Sembcorp Green Infra Limited has signed an agreement to acquire a 100 per cent stake in Vector Green Energy Private Limited (Vector Green) for ₹2,780 crore (approximately S$474 million).
Vector Green has an asset portfolio of 583MW across 13 states in India. This includes 495MW of solar and 24MW of wind capacities in operation as well as 64MW solar projects under development.
Vector Green had also acquired 306MW of solar projects from RattanIndia Group last September. “GIP is looking to exit Vector Green and is in talks with Actis,” one of the two people cited ...
GIP looks at Vector Green InvIT to raise $100 million Renewable energy InvIT plans have been gaining traction in the wake of India’s galloping power demand. Utpal Bhaskar.
Sembcorp Green Infra has signed an agreement with a fund managed by Global Infrastructure Partners India to buy 100% of Vector Green for a base equity consideration of approximately INR27.8 ...
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