IPP

The company plans to transition to low-carbon.

These projects would be spread out around the world.

The company aims to cut CO2 emissions by 50% by 2035.

Asia to lead renewable energy sector employment by 2050.

The firm plans to sell 8.57 billion shares.

Its current power generation capacity is slated to increase by 900 MW in 2021.

The company has clinched repeat investments from institutions such as ADB, DEG, FMO and Proparco.

It proposed to buy the Australian producer for $638m.

The Spanish energy group raised its bid by 3.5%.

Proceeds will be used to finance its expansion across Southeast Asia.

Infigen’s board recommended to take the offer instead of UAC’s.

Infigen is considering its response to the proposal.

It is currently building a 256MW solar project in the country.

The portfolio totalling 2.148GW includes Restricted Group 1 & 2 projects.

It is starting with the acquisition of a 50MW portfolio in Thailand.

The project is said to produce about 49,526MWh of renewable energy yearly.