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The Indian power company has already raised INR2.8bn from anchor investors and will use the proceeds from its maiden IPO to help build two power projects.
The emerging markets-focused private equity firm fell 40 percent short of its target, due largely to a reduction in commitment size from anchor investor CDC Capital Partners.
The investment gives the Islamic investment bank a 9% stake in the Al Dur Independent Water and Power project.
The investment gives the Islamic investment bank a 9% stake in the Al Dur Independent Water and Power project.
The Mumbai-based firm has also invested INR3.6bn in Green Infra, the portfolio company through which it acquired BP Energy India.
The Mumbai-based firm has also invested INR3.6bn in Green Infra, the portfolio company through which it acquired BP Energy India.
The investment gives the US-based firm a 99% stake in KrisEnergy, which intends to acquire a portfolio of exploration, development and production assets in Southeast Asia.
Energy-focused private equity firm First Reserve Corporation has invested $500 million for a 99 percent stake in KrisEnergy, a newly-established oil and gas company. Based in Singapore, KrisEnergy aims to build a portfolio of exploration, development and production assets across Southeast Asia. KrisEnergy’s founders and key management hold the remaining 1 percent stake in the […]
Energy-focused private equity firm First Reserve Corporation has invested $500 million for a 99 percent stake in KrisEnergy, a newly-established oil and gas company. Based in Singapore, KrisEnergy aims to build a portfolio of exploration, development and production assets across Southeast Asia. KrisEnergy’s founders and key management hold the remaining 1 percent stake in the […]
The investment gives the US-based firm a 99% stake in KrisEnergy, which intends to acquire a portfolio of exploration, development and production assets in Southeast Asia.