Gentari plans to sell up to 50% stake in India renewables unit

Gentari is planning to divest up to 50 per cent stake in its India operations. The move could become one of the largest green energy transactions in the country.

The company has appointed Standard Chartered Bank as the transaction advisor.

Gentari’s India portfolio includes 4 GW of operational renewable assets, another 4 GW under construction, and 4 GW in the pipeline.

In March, Gentari Renewables India acquired a 1.6 GW solar and wind portfolio from Brookfield Asset Management in a two-phase deal. The first phase, involving 1 GW of operational assets, is already complete.

Earlier in January 2025, the Competition Commission of India approved Gentari’s acquisition of 21 SPVs and holding companies in the solar and wind sector.