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Fortum to Sell 54 Percent Share of its Indian Solar Portfolio

40 percent to be acquired by UK Climate Investments, while Elite Alfred Berg will buy the other 14 percent

June 11, 2018

/ Saumy Prateek
/ Finance and M&A, Solar,
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Fortum, a Finnish energy company, has signed an agreement to sell a 54 percent stake in its solar power company in India to UK Climate Investments and Elite Alfred Berg. UK Climate Investments will buy 40 percent while Elite Alfred Berg will acquire 14 percent.

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Saumy Prateek

More articles from Saumy Prateek.
Elite Alfred BergFortumPPAPVSharesSolarSolar PortfolioUK Climate Investments
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