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I Squared, JSW Neo and Macquarie shortlisted to buy O2 Power in $1-billion deal
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livemint.com₹2,700 crore. I Squared Capital has also set up a climate solutions platform—Hexa Climate Solutions—with Amplus founder Sanjeev Aggarwal wherein the New York-based private equity fund will invest around $500 million.
I Squared Capital is also an investor in Singapore-based Cube Highways and Infrastructure Pte. Ltd., one of India’s largest private sector operators of toll roads which has emerged as the likely winner to acquire the roads assets of NIIF's Athaang Infrastructure, in a deal having an equity value of around ₹4,000 crore.
JSW Neo Energy has a 13.6 GW generation portfolio, of which 2.6 GW is under construction. It bought 1.75 GW of renewable energy projects from Mytrah Energy at an enterprise value of ₹10,530 crore.
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