SoftBank may retain 10% stake, board representation after sale of India’s SB Energy
The Phong Dien solar plant in central Vietnam.
Japan’s SoftBank Group Corp. may retain around 10% stake and board representation in SB Energy Holdings after selling its controlling stake to Canada Pension Plan Investment Board (CPPIB), two people aware of the development said.
Create an account to continue reading our free content.
Already have an account? Sign in here
Bring stories like this into your inbox every day.
Sign up for our newsletter – The Daily Brief
Related Stories
SoftBank owns 80% of SB Energy, which has a 7.7GW solar power portfolio in India.
Canada’s pension fund CPPIB is also expected to submit a bid.
