ACEN to sell up to 49% stake in 100 MW Karnataka wind project
ACEN Corporation has signed an agreement to sell up to a 49% stake in its 100 MW wind power project in Karnataka to Dutch investor Diamond India Renewables One B.V. (DIRO). The transaction will be executed through Unlimited Renewables Holdings B.V. (URH), ACEN’s wholly owned subsidiary. Stake acquisition in phases Under the securities sale and…