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Brookfield, Actis among bidders for Fortum's India solar assets


Brookfield, Actis among bidders for Fortum’s India solar assets
Photo: Pixabay
February 15, 2021
Canada’s Brookfield Asset Management Inc., private equity firm Actis Llp and Edelweiss Infrastructure Yield Plus Fund’s Sekura Energy Ltd have offered to buy a majority stake in Finnish state-run power utility Fortum Oyj’s 500 megawatts (MW) solar projects in India in a deal estimated at about half a billion euros, said two people aware of the development.
The three parties have submitted three separate non-binding bids for the deal, which is expected to be completed by March, the people cited above said, requesting anonymity. Kotak Investment Banking is managing the sale process. ....

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Senior small-cap equity PM exits Danske Bank AM

Senior small-cap equity PM exits Danske Bank AM
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Joel Backesten , Alfred Berg , Danske Bank Asset Management , ஆல்ஃபிரட் பெர்க் ,