Edelweiss completed the acquisition of a 74% stake in Engie's Solar Business in India.

Edelweiss, an investment and financial services company, through its Edelweiss Infrastructure Yield Plus fund, completed the acquisition of a 74% stake in Engie's Solar Business in India. Financial terms were not disclosed. “The completion of this transaction, subject to the usual conditions associated with this type of operation, is expected to occur during the first half of 2020 and will allow Engie to reduce its net debt by more than $443m," Engie.