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Aditya Birla Renewables taps MUFG for $1.5 billion to fund Shell asset buy
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 purchase of Shell's renewable energy assets. The loan facility has a five-year tenor and is priced competitively. This transaction highlights growing Japanese lender involvement in Indian acquisitions.
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forbes.com
Billionaire Kumar Birla To Buy Shell’s Indian Renewable Business In $1.8 Billion Deal
The acquisition of Shell's renewable energy business in India will more than double the Aditya Birla Group's renewable energy capacity to almost 10 gigawatts.
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economictimes.indiatimes.com
Aditya Birla Group acquires Shell's India renewables energy arm, Sprng Energy, for $1.8bn
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…
