I Squared, JSW Neo and Macquarie shortlisted to buy O2 Power in $1-billion deal

EQT and Temasek hold 51% and 49%, respectively, in O2 Power, and have invested $500 million in the company founded in 2019 by former ReNew Power executives Parag Sharma, Peeyush Mohit, and Rakesh Garg. O2 Power is targeting a portfolio of around 5 GW and has already created a 4-GW portfolio.
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