Home India Competition Commission of India CCI approves acquisition of certain shareholding of Continu...
Date: 2025-11-07 Category: Not Applicable State: Union Government Country: India

CCI approves acquisition of certain shareholding of Continuum Green Energy Holdings Ltd. by Continuum Energy Pte. Ltd.

Issued by Competition Commission of India · Not Applicable

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Executive Summary & Key Takeaways

On November 7, 2023, the Competition Commission of India (CCI) approved the acquisition of a certain shareholding of Continuum Green Energy Holdings Ltd. by Continuum Energy Pte. Ltd. The proposed combination involves the purchase of 26% equity shareholding of Continuum Green Energy Holdings Ltd. (Continuum SG) by Continuum Energy Pte. Ltd. (CEPL) from Clean Energy Investing Pte. Ltd. After the acquisition, Continuum SG will become a wholly owned subsidiary of CEPL. CEPL is a private limited company organized under the laws of the Republic of Singapore, operating as a holding company and the promoter of the Target. CEPL’s affiliates are present in India in the business of generation of renewable power. Continuum SG is also a limited company organized under the laws of the Republic of Singapore and is present in India through Continuum Green Energy Limited (Continuum India), and Continuum India's subsidiaries, which are engaged in the business of generation of renewable power. Release ID is 2187555, and the visitor counter is at 61. A detailed order from the Commission will follow.

Key Entities Referenced

Competition Commission of India: The regulatory body that approved the acquisition. Continuum Green Energy Holdings Ltd.: One of the entities involved in the acquisition; the target of the acquisition. Continuum Energy Pte. Ltd.: One of the entities involved in the acquisition; the acquirer. Continuum SG: A subsidiary of Continuum Green Energy Holdings Ltd. CEPL: Continuum Energy Pte. Ltd. (CEPL) is selling part of its shareholding.
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Competition Commission of India CCI approves acquisition of certain shareholding of Continuum Green Energy Holdings Ltd. by Continuum Energy Pte. Ltd. Posted On: 07 NOV 2025 8:11PM by PIB Delhi The Competition Commission of India has approved the acquisition of certain shareholding of Continuum Green Energy Holdings Ltd. by Continuum Energy Pte. Ltd The Proposed Combination envisages purchase of 26% equity shareholding of Continuum Green Energy Holdings Ltd. (Continuum SG) by Continuum Energy Pte. Ltd. (CEPL) from Clean Energy Investing Pte. Ltd. Pursuant to the Proposed Combination, Continuum SG will become a wholly owned subsidiary of CEPL. CEPL is a private limited company organized under the laws of the Republic of Singapore. It operates as a holding company and is, inter alia, the promoter of the Target. In India, CEPL’s affiliates are present, inter alia, in the business of generation of renewable power. Continuum SG is also a limited company organized under the laws of Republic of Singapore. It is present in India through Continuum Green Energy Limited (Continuum India), and Continuum India’s subsidiaries, which are engaged in the business of generation of renewable power. Detailed order of the Commission will follow. ***** NB/PK (Release ID: 2187555) Visitor Counter : 61 Read this release in: ही

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