Adani Enterprises
Adani Ports acquire 25% of Vishwasamudra Holdings' stake in Krishnapatnam Port
With this, APSEZ will increase its stake from 75 per cent to 100 per cent in Krishnapatnam Port, the country's second-largest private-sector port. The acquisition will be completed by buying 25 per cent from Vishwa Samudra Holdings. Together with the 75 per cent ownership acquired in October 2020, the acquisition implies an enterprise value of Rs 13,675 crore implying an EV/FY21 EBITDA multiple of 10.3x.
Adani Green to buy 74.94 MW solar projects of Sterling & Wilson
The projects, commissioned in 2017, are located in the Medak District of Telangana and have long-term Power Purchase Agreements (PPA) with the Southern Power Distribution Company of Telangana Limited. The enterprise valuation of the target SPV is Rs 446 crore. With this acquisition, AGEL will increase its operating renewable capacity to 3,470 MW with a total renewable portfolio of 15,240 MW, Adani Green said in a statement.
Adani Ports to acquire 58.1% in Gangavaram port
The acquisition is valued at Rs 3,604 crore and subject to regulatory approvals. APSEZ, the transportation arm of Adani Group, had announced the acquisition of Warburg Pincus's 31.5 per cent stake in GPL on March 3 and together with this acquisition, APSEZ would have an 89.6 per cent stake in GPL.
Adani Green Energy to acquire 50 MW Solar Asset from SkyPower Global
The project is located in Telangana and was commissioned in October 2017 and has a long-term Power Purchase Agreement (PPA) with the Southern Power Distribution Company in the state. With this acquisition, AGEL shall increase its operating renewable capacity of 3,395 MW with a total renewable portfolio of 14,865 MW. The closing of the transaction is subject to customary approvals and conditions.
Adani Ports bolsters global footprint with Colombo container terminal
The company has received a Letter of Intent from Sri Lanka's Ministry of Ports and Shipping and the Sri Lanka Ports Authority (SLPA) for setting up the container terminal on a Build, Operate and Transfer basis for a period of 35 years on a public-private partnership basis.
Adani Ports acquires Dighi Port, earmarks Rs 10K cr for new gateway into Maha
With the acquisition, DPL has become the 12th port to join APSEZ's string of economic gateways across the eastern and western coast of India and would establish the company's footprint in Maharashtra
Adani Group acquires 23.5% stake in Mumbai International Airport
In a regulatory filing, Adani Enterprises said that AAHL has acquired 28.20 crore equity shares of MIAL. AAHL is also a wholly-owned subsidiary of Adani Enterprises. "Adani Airport Holdings Ltd has acquired 23.5 per cent equity stake i.e. 28,20,00,000 equity shares of Rs 10 of Mumbai International Airport Ltd from ACSA Global Ltd and Bid Services Division (Mauritius) Ltd," the filing said.
Adani Green commission 150 MW solar power plant in Kutchh
In a regulatory filing, Adani Green said that despite all the challenges of global pandemic Covid-19, unprecedented rain and flood in Kutchh, Gujarat, the company's team of experts made it possible to commission the project three months prior to its scheduled commissioning date.
Adani Enterprises signs concession agreement with AAI for 3 airports
In a regulatory filing, the company said that the concession period is 50 years from the commercial operation date. The announcement has boosted the shares of the company on Tuesday. At 1.53 p.m., is shares on the BSE were Rs 525.20, higher by Rs 17.95 or 3.54 per cent from its previous close.
Total to acquire 20% stake in Adani Green Energy
The deal will be completed with Total acquiring shares held by the Adani Promoter Group in AGEL. The transaction marks the deepening partnership between the Adani Group and Total -- in the transition and green energy fields in India. In 2018, Total and Adani embarked on the energy partnership with investment by Total in Adani Gas Limited, city gas distribution business, associated LNG terminal business and gas marketing business.
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