Azure Power's US$75 Million Private Placement Completed
Azure Power Global Limited Equity Shares (AZRE)
Last azure power global limited equity shares earnings: 2/11 04:31 pm
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Source: PR Newswire
NEW DELHI, Dec. 16, 2019 /PRNewswire/ -- Azure Power Global Limited (NYSE: AZRE), a leading independent solar power developer in India, has closed its previously announced US$75 million a private placement and issued 6,493,506 equity shares at US$11.55 per share to Caisse de depot et placement du Quebec (CDPQ). Following this transaction, CDPQ's equity interest in Azure Power has increased from 41.4% to 49.4%. Azure Power Global Limited has 47,636,078 shares outstanding as of December 13, 2019.About Azure PowerAzure Power (NYSE: AZRE) is a leading independent solar power producer with a pan-Indian portfolio. With its in-house engineering, procurement and construction expertise and advanced inhouse operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale, rooftop to mini & micro grids, since its inception in 20
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