Actis LLP agreed to acquire 250-MW Pavagada II and the 250-MW Rajasthan Solar Power Plants Located in India from Fortum Oyj (HLSE:FORTUM) on June 22, 2021. The total consideration from the divestment on a debt and cash-free basis, including the effect of deconsolidating of the net debt, is expected to be approximately €280 million. The divestment will be completed and recorded in three tranches; during the second half of 2021 and the first half of 2022.