Zelestra explores $400–500 million India exit amid market optimism
Multinational energy firm Zelestra is preparing to sell its India business, estimated at $400–500 million, and has approached Brookfield, JSW Group, Sembcorp, Serentica, and Macquarie as potential buyers, reported Mint. The company has appointed JP Morgan to advise on the sale. The portfolio includes over 3 GW of hybrid renewable projects combining solar, wind, and…