JSW to buy green energy business of O2 Power

JSW Neo to acquire O2 Power’s renewable energy platform for $1.47bn
JSW Neo Energy, a subsidiary of JSW Energy, has announced a definitive agreement to acquire a 4,696MW renewable energy platform from O2 Power Pooling, a joint venture between EQT Infrastructure and Temasek.
Indian billionaire's JSW in $1.5bn O2 Power renewables swoop
A unit of JSW Energy, the Indian energy group backed by billionaire Sajjan Jindal, will add almost 5GW of renewables to its stable after agreeing to buy development platform O2 Power. JSW Neo Energy will buy O2 Power from its current owners, the investment groups EQT and Temasek, in a deal that values the renewable energy group at about $1.5bn.
JSW Energy’s O2 Power acquisition tells us buying is better than building assets
Building new plants involves a gestation period. There are inordinate delays in land acquisition, regulatory clearances, arranging for power evacuation etc. O2 Power has everything in place and has already tied up for offtake of power.
JSW Energy acquires O2 Power for ₹12,468 Crore
JSW Energy acquired O2 Power, a renewable energy platform, for ₹12,468 Crore, making it the company’s largest acquisition to date. The acquisition will increase JSW Energy’s generation capacity by 23%, from 20,012 megawatts (MW) to 24,708 MW.
JSW Energy stock climbs 8% on $1.47 billion deal to acquire O2 Power
JSW Energy shares surged 8% following its $1.47 billion deal to acquire O2 Power’s 4,696 MW renewable energy platform, boosting its capacity and positioning in India’s renewable energy sector.
JSW Energy Shares Surge Almost 8% On NSE After Acquiring O2 Power For ₹12,400 Crore
In Q2 FY25, which ended in September 2024, private power producer JSW Energy reported a flat net profit of Rs 853.25 crore, which is attributable to the company's owners. The company claimed that a two-part tariff revision in the hydro segment and reduced merchant sales spreads offset the earnings.
JSW Energy shares gain 4% following plans to acquire O2 Power for ₹12,468 crore
JSW Energy's acquisition of O2 Power expected to boost EBITDA, strengthen market position, and create shareholder value.
JSW Neo Energy to acquire O2 Power at enterprise value of $1.47 billion
European alternative asset manager EQT and Singapore’s Temasek hold 51% and 49%, respectively, in O2 Power that has a capacity of 4.7GW renewable energy. They both will exit the company, founded by former ReNew Power executives Parag Sharma,
JSW Energy to acquire O2 Power for a total enterprise value of Rs 12,468 crore
O2 Power is a renewable energy platform with a capacity of 4,696 MW – where 2,259 MW will be operational by June 2025
JSW Neo Energy to acquire O2 Power for Rs12,468 crore
JSW Neo Energy Limited, the renewable energy arm of JSW Energy Ltd will acquire O2 Power Pooling Pte Ltd, a 4,696 MW renewable energy platform, for an enterpr
EQT to Exit Indian Renewable Energy Platform O2 Power
EQT Infrastructure IV ("EQT") and Temasek today announced the 100% sale of O2 Power (the "Company") to JSW Neo Energy, a wholly owned subsidiary of JSW Energy, for USD 1.5 billion. Established as a new company in 2020 by EQT and Temasek,
JSW to buy green energy business of O2 Power for $ 1.4 billion
JSW Energy will acquire the green energy business of O2 Power for Rs 12,468 crore in an all-cash deal, enhancing its ...
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JSW Energy And O2 Power Finalize ₹12,468 Crore Mega Deal, A Game-Changer For India’s Renewable Energy Sector | Paisa Live
India’s renewable energy sector is advancing rapidly, with a major development involving JSW Energy acquiring O2 Power, a ...