MORGAN STANLEY BUYS INDIA WIND
Morgan Stanley Unit To Invest In Continuum Wind
25 June 2012 (North American Windpower)
“…Morgan Stanley Infrastructure Partners has agreed to buy a majority stake in privately held Continuum Wind Energy for about $210.1 million…Singapore-based Continuum, founded by Essar Group executive Vikas Saraf and investment banker Arvind Bansal, runs wind energy farms in India.”
click to enlarge“Continuum will likely issue preferential shares to the Morgan Stanley unit - which will be converted into equity at a later date…”
posted by Herman K. Trabish @ 5:35 AM
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