Actis buys 49% stake in Shapoorji Pallonji's Bhola gas power plant

Actis, through its platform Bridgin Power, acquired a 49% stake in Shapoorji Pallonji's 220 MW combined cycle gas turbine power plant in Bhola, Bangladesh. The deal is part of a $400 million equity commitment to install at least 1.2 GW of gas power capacity by 2028.

“The acquisition of the Bhola asset sets us on our path to create an energy platform of scale, using natural gas as a bridge to a sustainable and low carbon future.”constructionworld.in

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• constructionworld.inActis buys 49% stake in Shapoorji Pallonji energy unitJul 1, 2022

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