PE firm Actis inks deal to buy Fortum’s 500 MW solar projects in India for $334m

PE firm Actis inks deal to buy Fortum’s 500 MW solar projects in India for $334m

Private equity firm Actis Llp has inked an agreement to buy 500 megawatts of solar projects in India owned by Finland’s state-controlled power utility Fortum Oyj for around Euro 280 million, the firms said in a joint statement on Tuesday.