Hexa Climate, the renewable energy platform backed by New York-based infrastructure-focussed private equity firm I Squared Capital, is closing in on a deal to acquire ..
Macquarie Capital, the investment arm of Australia’s Macquarie Group, is looking to set up a platform for smart metering projects in India and is in ..
Climate-focused alternative investment firm Eversource Capital is set to receive funding from one of its existing limited partners for its India-focused smart metering platform, as ..
The combined entity will be valued at over $1.1 billion, acquiring the heft that will help it compete with rivals. It will be a stock-for-stock merger — a share of one company for each of the other. Currently, I-Squared holds 100% stake in Think Gas Distribution and 73% in AG&P Pratham, the India arm of Singapore-based Atlantic Gulf & Pacific (AG&P) City Gas.
Global infrastructure investor I-Squared Capital-backed city gas distribution companies in India — AG&P Pratham and Think Gas Distribution — are set to merge, according to two industry executives aware of the development.