Divine Solren Private Limited (Divine Solren), operator of a 50MW solar farm in the state of Telangana, was acquired in April 2020. A 25-year power purchase agreement with the local distribution company is in place.
CLP has a 60% indirect equity ownership in 60% ownership in Divine Solren through Apraava Energy. Caisse de dépôt et placement du Québec (CDPQ) indirectly owns 40% through its equity stake in Apraava Energy.