TrueRE Oriana Power sells 110 MWp C&I solar portfolio to Actis

Type: Sale · Technology: Solar · Country: India · Capacity: 110 MW · Value: INR 60.12M · Announced: 2026-09-30

TrueRE Oriana Power sold a 110 MWp commercial & industrial (C&I) solar portfolio to Actis for an enterprise value of INR 501 crore on 2026-09-30. The transaction transferred TrueRE Oriana Power’s stakes in Truere Guj SPV Pvt Ltd and Truere Current Pvt Ltd to Actis as part of the deal. This sale is the first milestone in a proposed divestment of 238 MW of TrueRE Oriana Power’s operational solar assets to Actis and follows an existing partnership for joint development of 1 GW of renewable assets between the two firms. TrueRE Oriana Power said the capital unlocked by the INR 501 crore transaction will be reinvested into solar, BESS, green fuels and other clean-energy infrastructure, supporting its targets including 2.5 GW of solar IPP capacity and 20 GWh of BESS by FY 2030. No financing parties, advisors, or detailed transaction terms beyond the enterprise value were disclosed in the article.

Analysis

TrueRE Oriana Power sold its 110 MWp commercial & industrial solar portfolio, comprising stakes in Truere Guj SPV Pvt Ltd and Truere Current Pvt Ltd, to Actis for an enterprise value of INR 501 crore on 30 Sept 2026. Actis is a global investment firm focused on sustainable infrastructure and active in emerging markets. TrueRE Oriana Power, an Indian renewable energy company, targets 2.5 GW of solar IPP capacity and 20 GWh of BESS by FY 2030. The transaction transfers the two asset holdings to Actis and is the first milestone in a proposed divestment of 238 MW of TrueRE Oriana Power’s operational solar assets. No financing parties, advisors, or additional transaction terms were disclosed.

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