• ACEN-UPC Renewables plans to sell up to a 74% stake in three upcoming renewable energy projects in India, valuing the energy firm at around $600 million. EY is managing the sale process for the joint venture, which currently operates 630 MW across multiple Indian states.
• B9 Beverages, the company behind Bira beer, has raised Rs 85 crore through a rights issue at a 55% discount, pricing shares at Rs 325 each. The rights issue aims to meet working capital needs and is expected to close by mid-July.
• Bharat Value Fund is reportedly considering an investment in Amnex Infotechnologies, a tech solutions provider specializing in IoT, automation, and data science. Amnex Infotechnologies offers homegrown solutions across various technology sectors.

Nitesh Kumar

ACEN, a joint venture between Ayala Corporation and UPC Renewables, is set to sell a stake in its upcoming renewable energy projects, while Bira beer maker B9 Beverages has raised fresh funding at a steep discount. In other news, Bharat Value Fund is considering an investment in homegrown tech solutions ......

Grapevine: ACEN, UPC Renewables, Bira, Bharat Value Fund, Amnex in news

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ACEN, a joint venture between Ayala Corporation and UPC Renewables, is set to sell a stake in its upcoming renewable energy projects, while Bira beer maker...

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Bira

Bharat Value Fund

Amnex

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Grapevine: ACEN, UPC Renewables, Bira, Bharat Value Fund, Amnex in news

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