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Announced

Completed

Torrent Power completed the acquisition of Surya Vidyut from CESC for $99m.

Financials

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Transaction Value£84m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Acquisition

Friendly

power plants

Renewable Energy Equipment

Completed

Private

India

Majority

Domestic

Single Bidder

Synopsis

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Torrent Power, an Indian utility company, completed the acquisition of Surya Vidyut, a company operating wind power plants with an aggregate capacity of 156 MW, from CESC, an integrated power utility company, for $99m.

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