Archive · 29 Dec 2025
EESL Plans to Sell IntelliSmart for $723 mn
EESL is a company that helps with energy efficiency.
They have a part of their business called IntelliSmart that they want to sell for $723 million.
They have asked Deloitte, a big consulting company, to help with the sale.
EESL also has another part called CESL that is making money.
They have a partner company in the UK called Edina that specializes in storing energy and making energy in three ways.
EESL thinks this sale will help them manage their debts and focus on their successful parts.
EESL plans to sell its IntelliSmart division for $723 million.
Deloitte has been appointed to advise on the sale.
EESL's CESL division is reported to be profitable.
EESL has a joint venture in the UK called Edina, which specializes in BESS and trigeneration.
The sale is aimed at managing debt and focusing on profitable ventures.
- Who
- Energy Efficiency Services Limited (EESL)
- What
- Plans to sell IntelliSmart division
- When
- Not specified
- Where
- India
- Why
- To manage debt and focus on profitable ventures
- Company
- EESL (Energy Efficiency Services Limited)
- Division for Sale
- IntelliSmart
- Expected Sale Price
- $723 million
- Advisor
- Deloitte
- Other JV Mentioned
- Edina (UK)
- Specializations of Edina
- BESS (Battery Energy Storage Systems) and trigeneration
- Profitable Division
- CESL