India's GMR to buy half of InterGen for $1.1bn

Indian infrastructure group GMR on Wednesday agreed to buy half of US power producer InterGen for about $1.1bn from an investment firm backed by American International Group and Highstar Capital.......

No hurry to sell stake in InterGen: GMR

Infra major GMR Group is not in a hurry to sell its stake in overseas power firm InterGen, said GMR Group chairman GM Rao in Hyderabad on Thursday. "We are getting many unsolicited offers. We are......

GMR pays $1.1 bn for 50% in Dutch power firm

In the largest acquisition of a global energy utility by an Indian company, GMR Infrastructure has bought 50 per cent in the Netherlands-based power generation company, InterGen NV for $1.1 billion......

GMR Infra acquires Singapore-based power utility

GMR Infrastructure said Friday it has acquired Singapore-based power utility Island Power for an undisclosed amount. 'GMR Group today signed an agreement with the international power producer......