Gensol Engineering Signs ₹3.5 Billion Deal to Sell Scorpius Trackers
The deal is expected to close by March 2026
February 25, 2025
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Solar energy consultancy and engineering, procurement, and construction (EPC) solutions provider Gensol Engineering has signed a ₹3.5 billion (~$40.1 million) non-binding term sheet to sell its U.S. subsidiary, Scorpius Trackers, to an undisclosed renewable energy solution provider.