Shapoorji Pallonji Infra to sell 317 MWp of operational solar assets to KKR at Rs.15,540 mn

Infrastructure Energy

Shapoorji Pallonji Infrastructure Capital (SP Infra) and global investment firm KKR have announced the signing of definitive agreements, under which SP Infra will sell five operational solar energy assets to KKR for a total consideration of Rs.15,540 million. The portfolio comprises 169 MW (DC) in Maharashtra and 148 MW (DC) in Tamil Nadu. 

SP Infra is the infrastructure development arm of the Shapoorji Pallonji Group with assets and businesses in renewable and gas-based power, highways, port and terminals in India and overseas.

Mukundan Srinivasan, Managing Director, SP Infra, says, “This deal further demonstrates SP Infra’s continued track record of developing high-quality infrastructure assets in its chosen spaces, creating val