- Royal Dutch Shell (RDS.A, RDS.B) and Softbank (OTCPK:SFTBY, OTCPK:SFTBF) are among several global groups considering bidding for Singapore-based renewable energy producer Equis Energy, valued at as much as $5B, Reuters reports.
- Equis owns a portfolio of 97 projects comprising solar, wind and hydro generation assets spread across countries including Japan, India, Philippines and Australia; it has a 4.4 GW portfolio of operating projects, with an additional 6.7 GW under development.
- Other potential suitors include French utility Engie (OTCPK:ENGIY), according to the report.