EQT to Exit Indian Renewable Energy Platform O2 Power
· EQT and Temasek to sell O2 Power to JSW Neo Energy for USD 1.5 billion. · O2 Power was established as a new company in 2020 by EQT and Temasek and has since grown to become a leading player in India's renewable energy sector, achieving 4.7 gigawatt of total capacity. · O2 Power represents EQT’s first infrastructure investment in Asia Pacific, as well as EQT’s first infrastructure exit in the region.EQT Infrastructure IV (“EQT”) and Temasek today announced the 100% sale of O2 Power (the “Company”) to JSW Neo Energy, a wholly owned subsidiary of JSW Energy, for USD 1.5 billion.