JSW Neo Energy: US private equity fund TPG, which has several investments in India - including in BookMyShow and Dream11 - earlier invested USD 1 billion in Tata Motors through its Rise Climate fund. Tepco holds a stake in ReNew Power through Jera, a joint venture with Chubu Electric Power Co. Canada s Brookfield Asset Management is also looking to expand its renewable energy portfolio in India.
Private equity investors TPG, Tepco, and Brookfield are in advanced discussions to purchase a minority stake in JSW Neo Energy. JSW Group aims to raise up to $500 million from the stake sale to fund further expansion in renewable energy. JSW Neo Energy will house the parent company s upcoming renewable projects, including green hydrogen production.
Early-stage investor Blume Ventures, which has backed more than 150 startups including Unacademy, Spinny, Slice, Grey Orange, Turtlemint, Carbon Clean and Servify among others, is ..
The hydro storage project by the JSW group will produce 3,314.93 million units of power annually and employ 1,500 people, , andhra pradesh, Jsw Neo Energy, hydro power plant