Acme News

Industry

Actis drops its plan to buy Essel Infra’s solar assets

Debt-laden Essel Infraprojects now in talks with ACME Solar for sale of these assetsDue to the confidentiality pacts, the firm cannot comment on any details, said Essel Infra spokesperson

2 min read17 Feb 2019
Market

ACME Solar appoints Barclays, JPMorgan for private InvIT

So far, only three companiesL&T Infra, IRB Infra and India Grid Trusthave tapped the InvIT route for fundraising

1 min read31 Oct 2018
Companies

ACME Solar Holding in talks to raise up to ₹3,000 crore through InvIT

ACME will be the first Indian renewable energy firm to tap trust route for raising funds if the plan goes through

2 min read11 Sep 2018
Industry

Small renewables firms fighting consolidation wave

The small companies' difficulty in raising cash is keeping them away from government power project auctions, restricting their growth and crippling their ability to refinance loans

3 min read22 Aug 2018
Companies

Bajaj Group plans ₹ 3,000 crore IPO of power generation business

Bajaj Group has hired UBS AG, Edelweiss and IIFL as advisers for the IPO, papers of which will be soon filed with the Sebi

2 min read20 Aug 2018
Industry

Solar tariffs touch ₹2.59 per unit in NTPC’s tender

Acme Solar Holdings, Shapoorji Pallonji Infrastructure Capital and Azure Power bid ₹2.59 per kWh to win contracts to build plants

2 min read14 Aug 2018
Companies

Acme Solar will pull out of projects if safeguard duty is not passed on to utilities

Acme has about 2000 MW of projects where construction is either on or yet to begin

3 min read8 Aug 2018
Market

ReNew Power IPO gets Sebi approval

ReNew Power IPO comprises fresh issue of shares worth 2,600 crore and an offer-for-sale of 94,377,109 equity stocks by existing shareholders

1 min read23 Jul 2018
Companies

ReNew Power Ventures set to file for $900 million IPO

The draft red herring prospectus for the $900 million ReNew Power IPO is likely to filed with Sebi before the end of April

2 min read16 Apr 2018
Companies

ACME Solar to re-file documents for IPO

ACME Solar is looking to raise around Rs1,000-1,500 crore through the revised IPO

2 min read9 Apr 2018
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