Temasek and EQT Form Renewable Energy Platform in India

Posted on 11/07/2019


Singapore’s Temasek Holdings partnered with Swedish private equity company EQT to form a new renewable energy platform that will construct wind and solar farms in India. The platform is called 02 Power. The two sponsors have promised an initial equity commitment of US$ 500 million as the seed capital.

Some executives from ReNew Power left their company to lead 02 Power.