News
22 May 2020

Brookfield in talks to buy $300m of loans from Piramal

In:
Renewables
Region:
Asia-Pacific

Piramal Enterprises is in talks to sell $300 million of loans made to ReNew Power, Atria Power and Acme Solar in 2016 and 2017. Brookfield Asset Management is seeking to take over the loans which come with a right to equity in the future.  Piramal is currently under financial pressure as...

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