JSW Neo Energy to Acquire O2 Power for ₹125 Billion
O2 Power has a renewable energy portfolio of 4,696 MW
December 27, 2024
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JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has entered into a definitive agreement to acquire a 4,696 MW renewable energy platform from O2 Power Pooling. After adjustments for net current assets, the platform’s enterprise valuation is approximately ₹124.68 billion (~$1.46 billion).