Amplus Solar, a member of the Petronas group of Malaysia, has acquired 17 solar rooftop assets of Sterling & Wilson totaling 7.2 megawatt (MW).
Amplus Solar already has 800 MW+ projects in the distributed solar segment and this deal will increase their portfolio in several states including Haryana, Punjab, Madhya Pradesh, Rajasthan, Maharashtra, Telangana and Karnataka.
The company did not disclose the deal size.
The 17 projects of Sterling & Wilson supply to 13 leading industrial, commercial, and institutional customers.
"The addition of these assets to our portfolio furthers our commitment to promote the growth of renewable energy in India and provide outstanding service