Monday, 24 February 2014

CLP Wind Farms makes fresh attempt to raise up to Rs 1,200 crore from PEs

MUMBAI: India's biggest wind utility firm, CLP Wind Farms, plans to sell a minority stake to global private equity investors to raise up to Rs 1,200 crore to fund expansion, two people with direct knowledge of the development said. The company, a unit of Hong Kong-listed power generator CLP Holdings, has appointed Standard Chartered Bank to scout for investors, these people said. http://articles.economictimes.indiatimes.com/2014-02-21/news/47559676_1_clp-india-clp-holdings-gamesa

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