Blackstone to Acquire Zelestra India in $421 Million Deal

Blackstone in talks to acquire Zelestra India’s renewable energy portfolio with 600 MW operational capacity and 2 GW projects under development

600 megawatts (MW) of operating capacity and a further 2 gigawatts (GW) of contracted projects—1.5GW of which are currently under construction—make up Zelestra’s India portfolio. Blackstone Eyes Zelestra India According to two persons familiar with the situation, Mint reported that Blackstone Inc., the largest alternative asset manager in the world, is in talks to buy … Read more