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2I Capital, Ares Australia Management sell stake in Swan Energy

06 Dec 2023 Evaluate

2I Capital and Ares Australia Management have sold nearly 85 lakh shares of Swan Energy in the price range of Rs 414-414.09 apiece. This took the aggregate deal value to Rs 351.92 crore. SBI Life Insurance, Samco Mutual Fund (MF), Bandhan MF, Societe Generale, Ashibhadarsh Ventures, and India Emerging Giants Fund, among others were the buyers of the shares of Swan Energy.

Swan Energy is an emerging green energy company with a successful track record in infrastructure projects and textiles too.

Peers
Company Name CMP
Vardhman Textiles 561.95
Welspun Living 223.70
Arvind 548.00
Raymond Lifestyle 677.40
K.P.R. Mill 1136.75
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