SunEdison is conducting due-diligence on Mumbai-based Continuum and has already made a non-binding offer, said the Economic Times citing “multiple sources” aware of the negotiations, which it did not name.

Continuum – which is majority-owned by Morgan Stanley Infrastructure partners – has a 1GW wind portfolio, with 145MW operational and 270MW under construction according to its website. It has ordered turbines from OEMs including Vestas and local supplier Inox Wind.

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