Amplus Energy buys SunEdison’s roof-top solar assets in India
SunEdison Inc., the bankrupt clean-energy giant, sold a 7-megawatt portfolio of rooftop solar projects in India to Amplus Energy Solutions Pvt. Ltd. The price wasn’t disclosed. The commercial and industrial rooftop projects are located throughout the country and provide power to corporate customers, Gurgaon, India-based Amplus said in a statement late Thursday. Amplus is backed by I Squared Capital, a New York-based infrastructure investment manager. Following the acquisition, Amplus said it will operate more than 150 distributed generation and rooftop systems across India.
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