Latest news with #AbhishekBansal
Time of India
a day ago
- Entertainment
- Time of India
Flashback to the fun times
Lucknowites relived the magic of the retro era at a fun-filled Retro Night party hosted by a city club. With a lively old-school theme, the vibe was set just right — most members turned up in colourful retro outfits, adding to the charm of the evening. Tired of too many ads? go ad free now 'People today have come clad in flared pants and polka dots, rocking funky accessories — it feels like the golden days are back,' said Abhishek Bansal, one of the key organisers team. (L) Abhishek and Sonika (R) Anurag and Sonal (L) Deepak and Anuja (R) Anshika (L) Prakhar and Kriti Prakhar Tandon (R) Ridhi and Shweta (L) Deepali and Aman (R) Muskan Gulati The energy on the dance floor was contagious as members grooved to old-school beats like Disco Dancer, Udena Jab Jab Zulfein Teri, Gulabi Aankhen, and more. Fun games kept the laughter going throughout the party. The party also featured many vibrant selfie pop-ups, where guests were seen capturing fun photos and videos for their social media. — Manas Mishra
Yahoo
26-03-2025
- Business
- Yahoo
Actis buys Stride Climate Investments from Macquarie Asset Management
Sustainable infrastructure investor Actis has bought the complete stake in Stride Climate Investments, a solar generation asset portfolio in India, in a deal the value of which has not been disclosed. The stake has been acquired from a fund managed by Macquarie Asset Management. The acquisition includes Stride's 371MW (414MWp) portfolio of operating solar photovoltaic (PV) assets, which are distributed across 21 projects in seven Indian states, the majority in the state of Gujarat. The Stride portfolio features long-term pay-as-produced power purchase agreements. The agreements are with a diversified pool of off-takers, including central and state governments and the country's private sector. Actis Long Life Infrastructure head and partner Adrian Mucalov stated: 'The acquisition of Stride aligns nicely with Actis' long life infrastructure investment approach. The business has a 10-year operating history, compelling cash generation and low existing leverage. 'We believe Stride offers strong prospects to deliver cash yields to investors while also being in a dynamic, rapidly growing market.' Actis has invested more than $7.1bn in Asia, and has built or operated 8GW of installed capacity, including 5.5GW in renewables, in the region. The acquisition marks Stride as Actis' third energy generation platform in India, joining BluPine Energy and Athena Renewables. Actis Energy Infrastructure partner Abhishek Bansal stated: 'Actis has a long experience of successful investment in the Indian renewable energy sector, exemplified by Ostro Energy and Sprng Energy previously, as well as by our current renewables platforms. 'The Indian economy is continuing to grow rapidly, and its energy transition is accelerating apace, with the government aiming to secure 50% of the country's electricity from renewables by 2030. This environment is therefore creating ample opportunities, especially for an investor such as Actis with expertise in driving efficiency and creating value in this market.' In September 2024, Actis signed a strategic partnership with Meralco Powergen and its subsidiary Solar Philippines New Energy Corporation (SPNEC) to invest $600m in the Philippines' Terra Solar project. The agreement entails Actis acquiring a 40% equity stake in the project via the issuance of new shares by SPNEC. "Actis buys Stride Climate Investments from Macquarie Asset Management" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
