JSW Energy has officially exited its step-down subsidiary Beempow Energy Private Limited following the completion of a 100% stake sale by O2 Power SG Pte. Ltd. The transaction, valued at Rs 302.66 crore, was completed on June 6, 2025, according to a stock exchange filing.
JSW Neo Energy Ltd, a wholly owned subsidiary of JSW Energy, had previously acquired the O2 Power entities. Before this acquisition, 49% of Beempow’s shares had already been transferred to EPIC Green Urja Private Limited and Infrastructure Yield Trust schemes. The remaining 51% was transferred as per the original Share Purchase Agreement dated March 14, 2024, and its amendment in September 2024.
Beempow Energy had no revenue contribution in FY25, as confirmed by the company in the filing. The acquirers—EPIC Green Urja and SEBI-registered Infrastructure Yield Plus funds—do not belong to JSW’s promoter group.
The sale does not fall under related party transactions and is outside any scheme of arrangement.
This move marks another step in JSW Energy’s ongoing business streamlining and portfolio optimization strategy.
