All Topics
All Topics
Technology
Technology
AI
AI
Business
Business
Entertainment
Entertainment
News
News
Programming
Programming
Science
Science
Design
Design
Environment
Environment
Finance
Finance
Crypto
Crypto
Politics
Politics
Sports
Sports
Education
Education
Gaming
Gaming
Art
Art
Music
Music
Health
Health
Security
Security
Books
Books
Food
Food
Travel
Travel
Personal
Personal
Bluesky
Twitter
First reported by thehindubusinessline.com
Aditya Birla Group acquires Sprng Energy in ₹17,200 crore deal

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 startup to Aditya Birla Group's latest acquisition.

Read the full article
Rituraj Baruah1d ago3 min readenNews

You might also wanna read

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

GreentechLead·1d ago

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

businesstoday.in·7h ago

Shell sees Aditya Birla as leader for Sprng Energy deal - Bloomberg

Aditya Birla Group has emerged as the frontrunner to buy Shell's (SHEL) Sprng Energy Indian renewable power unit at an anticipated valuation

seekingalpha.com·1d 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

thehindubusinessline.com·1d ago

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.

manufacturing.economictimes.indiatimes.com·1d ago

Aditya Birla Renewables to Expand Clean Energy Portfolio with ₹17,200 Crore Acquisition of Sprng Energy – EQ

In Short : Aditya Birla Renewables is set to acquire Sprng Energy in a landmark ₹17,200 crore transaction, significantly expanding its renew

Solar Quarter·1d ago

Comments

Sign in to join the conversation.

No comments yet. Be the first.