Thu 11/02/2023 08:50 AM
Delays in commissioning under construction projects have led to valuation mismatches for the sale of Morgan Stanley Infrastructure Partners’ around 83% shareholding in Continuum Green Energy Ltd., with no binding bids so far received, said a source close to and a source familiar with the situation.
Prospective bidders have raised questions with the company regarding delays in commissioning of its three key projects aggregating around one gigawatt, the sources said.
The company...
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