Zelestra India

European alternative asset manager EQT has decided to retain its India operations of renewable developer Zelestra, transferring the business to its Asia Pacific infrastructure team led by Hong Kong-based partner Ken Wong, according to a report by Mint. This marks a shift from its earlier plan to sell Zelestra India. As part of the new strategy, EQT will invest around $600 million to expand and develop Zelestra India’s renewable energy portfolio. The approach follows a…