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Reliance Industries-Adani: BoA s green energy banker sees M&A continuing in India driven by cost, scale economics

Synopsis India s renewable energy market will continue to see consolidation as other avenues of fundraising like initial public offer (IPO) and infrastructure investment trust (InvIT) continue to be challenging, Gaurav Singhal, managing director and India head of energy vertical, Bank of America told ET. India s renewable energy market will continue to see consolidation as other avenues of fundraising like initial public offer (IPO) and infrastructure investment trust (InvIT) continue to be challenging, Gaurav Singhal, managing director and India head of energy vertical, Bank of America told ET. Singhal and his team have been involved with all the four big deals in the renewable energy sector in India in 2021 so far as advisers Adani Group s acquisition of SB Energy, Thailand s GPSC’s acquisition of 42% in Avaada Energy, ReNew Power’s merger with blank-check company RMG II for public listing, and ORIX’s $ 980 million investment in Greenko Energy. Singhal expects sector lea

ORIX Corporation USA Makes Equity Investment in Wisconsin Renewable Natural Gas Project – Advanced BioFuels USA

ORIX Corporation USA (ORIX USA) announced today (May 11, 2021) the completion of an equity investment in BC Organics Anaerobic Digestion Facility (BCO), a commercial biorefinery that processes dairy manure into renewable natural gas (RNG), a concentrated nutrient stream, dried fiber and clean water. BCO, located in Brown County, Wisconsin, is owned by Dynamic Expansion LLC and was developed by Dynamic Concepts, LLC, a leading developer and operator of biofuel projects in the United States. Once fully operational, BCO will be one of the largest dairy manure to RNG projects in the United States, and is expected to process more than 360 million gallons of manure per year.

India likely to get third power exchange owned by PTC, BSE by year end

India likely to get third power exchange owned by PTC, BSE by year end SECTIONS Share Synopsis Pranurja Solutions had submitted the draft rules and bye-laws at the time of filing the petition, according to the CERC order issued on Wednesday. Agencies Related NSE NEW DELHI: Power regulator Central Electricity Regulatory Commission (CERC) has approved registration to PTC, BSE and ICICI Bank-led Pranurja Solution Ltd to start the country s third power exchange. Senior officials in the company said the exchange is likely to be operationalised by this year-end. The other two power exchanges are The commencement of operation of the power exchange is subject to approval of the bye-laws, rules, and business rules and the technology including trading software in accordance with various provisions of the Power Market Regulations (PMR) 2010. Pranurja Solutions had submitted the draft rules and bye-laws at the time of filing the petition, according to the CERC order issued on Wednes

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