Topic
stake sale
Finance TRIG Sells 17.5% Stake in Scottish Beatrice Offshore Wind Farm for £155 Million
The Renewables Infrastructure Group Limited (TRIG) will sell its 17.5% stake in the 588MW Beatrice offshore wind farm off Scotland for approximately £155 million ($208.2 million) to funds managed by Equitix Investment Management. The sale, at a 4% discount to the December 2025 valuation, will reduce TRIG's borrowings by £375 million and supports its £400 million capital realisation target. Completion is expected before end-2026, subject to third-party consent.
Business Private Investment Announcements Surge to Rs 56 Lakh Crore in FY26
Private investment announcements in India have surged to Rs 56 lakh crore in FY26, up from Rs 37 lakh crore the previous year, according to SBI Research. This growth is largely driven by the manufacturing and infrastructure sectors, reflecting increased business confidence and economic momentum.
Logistics SBM Offshore Sells Stake in Trion Field FSO to NYK
SBM Offshore has sold a 45% stake in the Trion field FSO to NYK, retaining a 55% majority. The FSO Chalchi, under construction, will operate under a 20-year lease with Woodside Energy.