Aditya Birla Renewables acquired Sprng Energy's holding company for Rs 17,200 crore. This significant deal catapults the company's generation capacity to 9.2 gigawatts. Sprng Energy, previously owned by Shell Plc, operates across India. Shell had purchased Sprng Energy three years ago from Actis. The acquisition strengthens India's energy future and industrial competitiveness.

Oil giant agrees $1.8bn deal for India's Sprng Energy with BlackRock-backed local player in new shift from green power

Aditya Birla Renewables Ltd (ABRen), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprng Energy from Shell Overseas Investment BV in a…

Aditya Birla Group acquires Sprng Energy for ₹17,200 crore, boosting its renewable energy capacity to 9.3 GWp.

Aditya Birla Group acquires Sprng Energy from Shell for ₹17,200 crore, enhancing its renewable energy portfolio significantly.

Shell sells India’s Sprng Energy to Aditya Birla Renewables for $1.8 billion. Get the details on this major green energy deal.

Aditya Birla Renewables acquired Sprng Energy's holding company for Rs 17,200 crore. This significant deal catapults the company's generation capacity to 9.2 gigawatts. Sprng…

MUMBAI: Aditya Birla Renewables (ABRen), the renewable energy arm of Grasim Industries, is set to acquire Shell's India-based renewable energy business, Sprng Energy, for an…

Grasim Industries' renewable energy arm will acquire Solenergi Power from Shell. This acquisition significantly expands its clean energy portfolio to 9.4 GW. The deal, valued at…

Following the transaction, Aditya Birla Renewables' existing 4.4 GWp portfolio, primarily serving the commercial and industrial (C&I) segment, will combine with Sprng Energy's 5…

Aditya Birla Renewables is securing significant acquisition financing. Mitsubishi UFJ Financial Group is providing $1.5 billion for this deal. This funding will support the…