Solar Panels in Atacama Desert, Chile

Private equity firm Actis Llp and Brookfield Asset Management Inc., among others, are eyeing Mahindra Susten’s engineering, procurement and construction (EPC) business, besides its under-construction 600MW solar assets, said two people aware of the development, seeking anonymity. The deal is valued around $500 million, they added.

The sale of Mahindra Susten’s assets, and the EPC business is being handled by EY.