Mytrah Energy Ltd, the Indian wind and solar energy provider, has published its interim results to June 30 2017 which show that, on a directly comparable basis, revenue increased 53 per cent over H1 2016 and earnings before interest, tax, depreciation, amortisation (EBITDA) increased 43 per cent. Commenting on the results, the chairman, Ravi Kailas [...]
At first sight you might think that a 10 MW onshore wind farm and a 10 MW solar array would produce the same electrical power. Far from it. In the UK, the wind farm should produce nearly three times the amount of electricity over a year. Why the big difference? It all comes down to [...]
Mytrah Energy have announced plans to raise between $200m - $400m to finance the expansion of their Indian wind and solar projects. $100m will be used to pay an early investor who is leaving (IFDC). Several methods for raising the funds have been mentioned: a new public offering, private equity and the establishment of an [...]