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.
Sprng Energy, an India-focused renewable energy arm of London-based investor Actis, has acquired a 194MW operational solar portfolio from Mumbai headquartered conglomerate Shapoorji Pallonji Infrastructure Capital (SP Infra) in order to grow its India PV portfolio.