The bankrupt shadow lending group Infrastructure Leasing and Financial Services (IL&FS) has completed the sale of its 51% stake in seven operating wind power assets, with 874 MW of generation capacity, to ORIX Corporation of Japan for ₹806 crore. This is the first sale of assets that the group has been able to close, and the company said it will repay the lenders in full.
End the Year with a Deal You Can’t Miss!
Subscribe now and save 40% on our premium subscription.
Enjoy unlimited access for a full year at just $199 (usual price $339).
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Offer valid for a limited time – don’t wait to unlock the insights that drive deal-making in Asia!
Subscribe nowAlready a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
