OMERS Infrastructure Agrees to Purchase 19.4% Stake in Azure Power
Yahoo! Finance
Transaction expands Canadian pension plan’s direct investment holdings in India, while increasing its global exposure to renewables sectorSINGAPORE, July 30, 2021 (GLOBE NEWSWIRE) -- OMERS Infrastructure today announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited (NYSE: AZRE), for a total consideration of approximately US$219m. Founded in 2008, Azure Pow
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