Radiance buys Azure's 152 MW solar rooftop assets
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Last Updated: Apr 05, 2021, 06:40 PM IST
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Synopsis
Radiance manages an operational capacity of 95 MW across India across 13 sites. It has close to 40MW of projects under construction and another 60 MW under development.
Radiance manages an operational capacity of 95 MW across India across 13 sites. It has close to 40 MW of projects under construction and another 60 MW under development.
Radiance Renewables, provider of renewable energy solutions, will acquire solar rooftop assets worth 152 MW of Azure Power Global, for Rs536.5 crore.
Radiance is a 100% subsidiary of the Green Growth Equity Fund (GGEF), India’s leading Climate fund, managed by EverSource Capital.