A general view of Equis Energy's 30 Megawatt solar asset in Aomori Prefecture, Japan in this undated handout photo released July 25, 2017. Courtesy of Equis Energy/Handout via Reuters
HONG KONG: Equis Energy, the Singapore-based developer of power projects, has asked for binding bids for its US$4bil renewable energy business by late September, people with knowledge of the matter said.
A consortium led by I Squared Capital is among suitors chosen to proceed in the bidding for the portfolio of Asia Pacific assets, according to the people. The infrastructure investment firm is partnering with Thai utility Electricity Generating Pcl and Japanese trading house Mitsubishi Corp, the people said, asking not to be identified because the information is private.
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