
Solar sector heats up with big-ticket Edelweiss deal
Edelweiss Group’s Edelweiss Infrastructure Yield Plus fund acquires 74% stake in solar portfolio of France’s Engie Group for a reported $500 million.
Edelweiss Group’s Edelweiss Infrastructure Yield Plus fund acquires 74% stake in solar portfolio of France’s Engie Group for a reported $500 million.
Apart from recapitalisation, public sector banks get a shot in the arm in the form of ARC and AMC mechanisms to clean up their books.
According to CRISIL Research, the Indian mutual fund industry’s assets under management can touch the ₹50 lakh crore mark by March 2025, and multiple triggers will aid this massive growth.
Amidst subdued economic climate, this is the year’s largest fund raise in the Indian private credit space.