IND: EREN EDF Solar Power (EDEN Solar Rajdhani Private Limited)

The Project involves the development of 200MW solar photovoltaic power projects by ACME Solar Energy Private Limited during 2014-2016. ACME Solar Energy Private Limited is owned by the ACME group, EDF Energies Nouvelles and EREN S.A. Five projects for a total 100MW (20MW x 5) have so far been identified for 5 SPVs, namely ACME Gurgaon Power Private Limited, ACME Mumbai Power Private Limited, ACME Rajdhani Power Private Limited, Medha Energy Private Limited, and Ranji Solar Energy Private Limited, for which ADB is lending $50 million. In 2016, ACME Solar Energy Private Limited sold its ownership interest to the other two shareholders. As a result, the projects are now jointly owned by EDF Energies Nouvelles S.A. and EREN Renewable Energy S.A. SPV names were changed to EDEN Solar Energy Gurgaon Private Limited, EDEN Mumbai Solar Private Limited, EDEN Solar Rajdhani Private Limited, Medha Energy Private Limited (no change), and EDEN Renewable Ranji Private Limited, respectively.