MUMBAI: Morgan Stanley, the US-based investment bank, has joined the race to buy real estate firm DLF's wind powerbusiness, signalling heightened private equity interest in renewable assets at a time of deepening financial trouble for its main customers and reduced margins due to the government's rollback of incentives.
In a response to an email sent by ET, a DLF spokesperson said: "As a company policy, we do not comment on marketspeculation." Morgan Stanley also declined to comment
No comments:
Post a Comment