Photo: BloombergMumbai: Delhi-based renewable energy and telecom solutions company ACME Cleantech Solutions Pvt. In 2013, French firm EDF Energies Nouvelle and Luxembourg-based EREN Re­newable Energy had each pi­cked up a 25% stake in ACME. Piramal’s structured finance unit has been actively scouting for investments in the renewable energy space. Last month, Mint reported that renewable energy producer Mytrah Energy India Pvt. “The fund-raising environment for renewable energy platforms in India continues to improve.

Source: Mint November 24, 2016 18:35 UTC