Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprng Energy; deal worth $1.8 billion
The acquisition will bring nearly 5 gigawatt-peak (GWp) of contracted renewable energy capacity into ABRen's portfolio, comprising around 3.3 GWp of operational projects and another 1.7 GWp currently…
Read the full articleYou might also wanna read

Aditya Birla Renewables to Acquire Sprng Energy, Expand Portfolio to 9.3 GWp
Aditya Birla Renewables Limited (ABRen), a subsidiary of Grasim Industries Ltd., has entered into a definitive agreement to acquire a 100% e
Shell to Sell Sprng Energy to Aditya Birla Renewables for $1.8 bn, Reshaping India Renewable Energy Portfolio
Shell has agreed to sell its entire stake in Solenergi Power, including the Sprng Energy group of companies, to Aditya Birla Renewables (ABR
Sprng Energy sold by Shell to Aditya Birla Group in $1.8 billion renewable energy deal
Sprng Energy has changed ownership twice in under four years. Here's a timeline of how the renewable energy platform evolved from an Actis s
livemint.com·2d ago
Aditya Birla Group acquires Sprng Energy in ₹17,200 crore deal
The acquisition takes Aditya Birla Group’s renewable energy capacity to 9.3 GWp, positioning it as one India’s largest renewable energy play
Aditya Birla Group acquires Shell’s India renewable energy arm, Sprng Energy
Kumar Mangalam Birla, Chairman, Aditya Birla Group, said the deal brings together two highly complementary platforms and marks an important

Aditya Birla Renewables Buys Shell’s Sprng Energy Business in India for $1.8 Billion
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc, has signed an agreement to sell 100% of Solenergi Power Private Limi

Comments
Sign in to join the conversation.
No comments yet. Be the first.