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Singapore renewables developer Equis Energy acquired for US$5b in cash

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Published Wed, Oct 25, 2017 · 09:50 PM

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    Singapore

    IN WHAT is said to be the largest deal in history for the renewables sector, infrastructure fund manager Global Infrastructure Partners (GIP) is leading a consortium to acquire Singapore-based renewable-energy developer and operator Equis Group for US$5 billion in cash.

    The deal, which includes US$1.3 billion in debt, is expected to close in the first quarter of next year, said both companies.

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