Yinson and Verano collaborate to progress 800MW pipeline of solar projects in Latin America
Yinson Holdings Berhad (“Yinson”), through its wholly-owned subsidiary Yinson Renewables Pte Ltd, has agreed to collaborate with Chile-based renewable energy developer Verano Capital Holdings SpA (“Verano”) for renewable energy projects in Chile, Colombia and Peru. The collaboration initially targets to progress a pipeline of over 800MW of utility scale solar projects, of which 330MW are […]
Yinson wins 190MW project in Nokh Solar Park, India
Yinson through its subsidiary Rising Sun Energy (K) Pvt Ltd (“RSEK”), has received a Letter of Award (“LOA”) from NTPC Limited for the development and operation of a 190MW grid-connected solar photovoltaic power project at the Nokh Solar Park in Rajasthan, India. RSEK is an indirect 80% owned subsidiary of Yinson. A 25-year power purchase […]
Yinson completes acquisition of India solar plant
Yinson through its wholly-owned subsidiary, Yinson Renewables (S) Pte Ltd, has completed its acquisition of an additional 57.5% equity interest in Rising Sun Energy Private Limited (“RSE”), an India-incorporated company with two operational solar plants in the Bhadla Solar Park, Rajasthan, India. The entry into this agreement was announced on 21st August 2020. Yinson had previously […]
Yinson increases stake in India solar plant to 95%
Yinson through its wholly-owned subsidiary Yinson Renewables (S) Pte Ltd, has entered into an agreement to acquire additional 57.5% equity interest in Rising Sun Energy Private Limited (“RSE”), an India-incorporated company with two operational solar plants in the Bhadla Solar Park, Rajasthan, India. Yinson will pay INR1.1 billion (RM61 million) for the stake, subject to […]
Yinson acquires 37.5% stake in Indian solar plant
Yinson has entered into multiple agreements to acquire a 37.5% equity interest in Rising Sun Energy Private Limited (“RSE”), an India-incorporated company with two operational solar plants in the Bhadla Solar Park, Rajasthan, India. Yinson will pay INR554 million (RM32 million) for the stake, subject to closing conditions, while also providing funding of INR600 million […]