Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.
Milan-based F2i inks deal to fully buy Madrid-based developer from financial owner Cerberus, unlocking access to a 1GW solar pipeline in bustling Southern European market.
Zurich firm cites bleak outlook of global inverter segment as it moves to offload liability-ridden unit to Italian group FIMER, in return for hefty compensation.