Oil major Shell plc (LON:SHEL) has agreed to offload its entire shareholding in Solenergi Power Pvt Ltd, which includes the Sprng Energy group of companies, in a USD-1.8-billion (EUR 1.58bn) deal.

Aditya Birla Group announced acquiring Sprng Energy for $1.8 billion. This significant deal expands the group's renewable energy portfolio substantially. The acquisition includes…

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

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

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…