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Canadian Firm AMP Solar Acquires Remaining 51% Stake in Rudra Solarfarms for $2 Million

AMP Solar had acquired 49% stake from Suzlon in December 2016

January 17, 2019

/ Saumy Prateek
/ Finance and M&A, Solar
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AMP Solar, a Canadian renewable developer, has acquired the remaining 51 percent stake in Rudra Solarfarms, a special purpose vehicle built by another renewable developer Suzlon to execute the 15 MW grid-connected solar photovoltaic project at Achampet in Telangana.

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Saumy Prateek

More articles from Saumy Prateek.
AcquisitionAMP Solarrudra solarfarmsSPVstakesSuzlonTelangana
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