Saturday, August 21, 2010

Blackstone Invests $300 Million in One of India’s Leading Solar PV Companies

US private equity firm Blackstone has decided to invest $300 million in one of the leading solar PV companies in India, Moser Baer (Private) Limited.

Moser Baer (NSE: MOSERBAER) has a diversified portfolio ranging from manufacturing of computer peripherals to fabrications of solar panels. While their computer hardware business is very well established, the company is looking to expand its solar panel fabrication capabilities.
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