M&A

Sembcorp to acquire 228 MW wind assets from Leap Green Energy for $52-M

Economic Times  

Singapore-based Sembcorp Industries is to acquire 228 MW of operational wind power assets of Coimbatore-based Leap Green Energy Pvt Ltd for SGD 70 million (about USD 52.43 million). ​​Leap Green Energy is a power generating company promoted by the PSG family.

From the Venture Intelligence PE-VC Deal Database: Between 2010 and 2011, Leap Green had raised USD 44 M from JP Morgan. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)

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