Stonepeak, I Squared, Actis, 4 others submit bids for O2 Power in $1 bn deal

Stonepeak, I Squared, Actis, 4 others submit bids for O2 Power in  bn deal

The seven bidders include alternative investment firm Stonepeak, New York-based private equity firm I Squared Capital, JSW Group’s JSW Neo Energy, Edelweiss Alternative Asset Advisors’ Sekura Energy, Actis Llp, Singapore’s Sembcorp Industries Ltd and Macquarie Group, one of the largest foreign infrastructure investors in India.

These are from among the 13 prospective buyers that had signed non-disclosure agreements (NDA) for the transaction….
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