Debt Relief For Jaypee Group
  • Elizabeth George
  • Mar 03 2014

March 3: Debt-laden Jaypee Group is firming up another big asset sale, with Abu Dhabi-based TAQA-led consortium agreeing to buy two hydro power assets from the Indian infra major. The consortium will make an equity investment of $616 million and assume the company’s debt. We tell you the main partners in this deal and how it is organized.