PE Fund Investments
Partners Group to acquire majority stake in Sunsure Energy for $400-M
Swiss investment firm Partners Group has agreed to acquire a majority stake in Gurgaon-headquartered renewable energy company Sunsure Energy for USD 400 million (about INR 3,290 crore). EY was the financial adviser to Sunsure Energy on the deal. The investment in Sunsure Energy, which has historically built solar plants for commercial and industrial users, will help it transform into an independent power producer which will have 3 gigawatt of operational capacity and sell power directly to commercial and industrial customers.
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