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Mahindra Group and Ontario Teachers'' to form a strategic partnership in the renewable energy space

Mahindra Group and Ontario Teachers'' to form a strategic partnership in the renewable energy space
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Mahindra Group and Ontario Teachers' to form a strategic partnership in the renewable energy space

Mahindra Group and Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) announced today a strategic partnership to capitalize on the growing renewables opportunity in India and contribute towards the country’s decarbonization ambitions. The parties have signed binding agreements pursuant to which Ontario Teachers’ will acquire a 30% equity stake in Mahindra Susten Private Limited (“Mahindra Susten”) at an equity value of INR 2,371 crore (~USD 300 million). ....

Hong Kong , City Of , United Kingdom , San Francisco , United States , Pramuch Goel , Mahindra Susten , Cyril Amarchand Mangaldas , Bruce Crane , Deepak Thakur , Puneet Renjhen , Dan Madge , Asia Pacific , Mahindra Ltd , Group Communications , Mahindra Teqo Private , Mahindra Susten Private Limited , Mahindra Group To Susten , Greenfield Investments Renewables , Infrastructure Investment Trust Inv , Khaitan Co , Mahindra Group , Mahindra Susten Is Group , Exchange Board Of India , Member Of Group Executive Board , Ontario Teacher Pension Plan Board ,