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to-the-point: Equis Energy changes name to Vena Energy

Image source: Equis Pte. Ltd (www.equisenergy.com)

May 3 (Renewables Now) - Singapore-based renewable power producer Equis Energy announced on Wednesday it is changing its name to Vena Energy.

The move comes after Global Infrastructure Partners III, Canada's Public Sector Pension Investment Board (PSP Investments) and China’s CIC Capital Corporation acquired the company from Equis Pte Ltd in a transaction worth USD 5 billion (EUR 4.17bn), including the assumption of USD 1.3 billion in liabilities.

When announcing the closing of the takeover in January, Equis Energy said it had more than 11,135 MW of assets in operation, under construction or in development in Australia, Japan, India, Indonesia, the Philippines and Thailand.

(USD 1.0 = EUR 0.834)

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