STOCKWATCH
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Power Generation
Acquisitions6 Jun 2025, 09:41 pm

JSW Energy Ltd Subsidiary Completes Acquisition of O2 Power, Sells Stake in Beempow Energy

AI Summary

JSW Energy Ltd announced that its wholly owned subsidiary, JSW Neo Energy Limited (JSWNEL), has completed the acquisition of O2 Power Midco Holdings Pte. Limited (O2 Power) and O2 Energy SG Pte. Limited (O2 Energy) and their subsidiaries (O2 Entities). Prior to this acquisition, O2 Power SG Pte. Ltd. and Clean Solar Power (Bhainsada) Private Limited had agreed to sell 100% shareholding in Beempow Energy Private Limited (BEEMPOW) to EPIC Green Urja Private Limited and Schemes of Infrastructure Yield Trust. The balance 51% in BEEMPOW was transferred to BEEMPOW Buyers on 6th June, 2025, and BEEMPOW has ceased to be a step-down subsidiary of JSWNEL and the Company with effect from the same date.

Key Highlights

  • JSW Neo Energy Limited has completed the acquisition of O2 Power Midco Holdings Pte. Limited and O2 Energy SG Pte. Limited and their subsidiaries.
  • O2 Power SG Pte. Ltd. and Clean Solar Power (Bhainsada) Private Limited had agreed to sell 100% shareholding in Beempow Energy Private Limited to EPIC Green Urja Private Limited and Schemes of Infrastructure Yield Trust.
  • The balance 51% in BEEMPOW was transferred to BEEMPOW Buyers on 6th June, 2025.
  • BEEMPOW has ceased to be a step-down subsidiary of JSWNEL and the Company with effect from 6th June, 2025.
  • The transaction does not fall within related party transactions and is not a slump sale.
JSWENERGY
Power Generation
JSW Energy Ltd

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