JSW to buy green energy business of O2 Power

India's JSW Energy to buy Temasek-backed O2 Power's units for $1.47 billion
Indian billionaire Sajjan Jindal-led JSW Energy said on Friday its JSW Neo Energy unit will acquire renewable energy platform O2 Power's subsidiaries in a deal worth $1.47 billion. The acquisition aligns with JSW Energy's target of achieving 20 GW renewable-led capacity before fiscal 2030 amid a strong government push for higher clean energy capacity.
JSW Energy buys O2 Power for ₹12,468 crore – Its largest acquisition till date
The acquisition would help the company in achieving its renewable-led capacity growth target of 20 gigawatt (GW) before fiscal 2030, the company said in its statement.
JSW Energy to acquire O2 Power for enterprise value of Rs 12,468 crore
JSW Neo Energy, a wholly owned subsidiary of JSW Energy, on Friday signed a definitive agreement to acquire 4.7 gigawatt (GW)from O2 Power for a total enterprise value of Rs 12,468 crore.
JSW Energy acquires 4,696 mw renewable energy platform from O2 power for Rs12,468 cr
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has signed a definitive agreement to acquire a 4,696 MW renewable energy platform from O2 Power Pooling Pte. Ltd. According to JSW Energy,
JSW Energy to acquire O2 Power for a total enterprise value of Rs 12,468 crore
O2 Power is a renewable energy platform with a capacity of 4,696 MW – where 2,259 MW will be operational by June 2025
JSW to buy green energy business of O2 Power for $ 1.4 billion
JSW Energy will acquire the green energy business of O2 Power for Rs 12,468 crore in an all-cash deal, enhancing its portfolio with 4.7 GW of renewable projects. The acquisition coincides with JSW's mission to achieve 20 GW generation capacity by 2030 and is expected to complete by May 26.
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