JSW Energy to acquire renewable energy assets from Mytrah Energy for $1.3bn.

JSW Energy, an energy company, agreed to acquire renewable energy assets from Mytrah Energy, a provider of ground and rooftop solar installations, for $1.3bn. “This landmark deal demonstrates our strong commitment to achieve our vision of achieving 10 GW capacity by 2025 and being a leading player in India’s Energy Transition. This acquisition further strengthens and diversifies our operating footprint across various key resource rich states. We also believe that by leveraging our strong industry, operating and financing expertise, we would be able to significantly improve the operating performance of this entire portfolio, which will ultimately create tremendous value to our shareholders," Prashant Jain, JSW Energy Managing Director and CEO.