 
        
                    
            Morgan Stanley enters Indian wind energy market
US global financial services firm Morgan Stanley will pay US$210 million for a majority stake in one of India's top wind energy firms.
Acting through subsidiary, Morgan Stanley Infrastructure Partners, the firm will acquire a stake of over 50% in Continuum Wind Energy. This Singapore-based company operates Indian wind farms with a total capacity of 36 megawatts. It and has agreements in place to develop a further 175MW in India.
	Analysts said the deal is another boost to India's expanding wind energy sector. Earlier this month, New Delhi-based Welspun Energy, Ltd revealed plans to invest US$1 billion in two new wind farms.
	 
 
  
                     
  
                     
                                       
                                       
                                       
                                       
                                                           
                                                           
                                                           
                                                           
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                 
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                             
                             
                     
                             
                 
                 
                 
                 
                 
                 
                