JSW Energy acquires O2 Power's 4.7 GW renewable platform for $1.5 billion, boosting its capacity in India.

JSW Neo Energy, a subsidiary of JSW Energy, will acquire O2 Power's 4.7 GW renewable energy platform for $1.5 billion, increasing JSW Energy's generation capacity by 23%. O2 Power, backed by EQT and Temasek, operates in solar, wind, and hybrid technologies across India. The deal, subject to regulatory approvals, aims to bolster JSW's position in India's renewable energy sector.

3 months ago
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