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.

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 from Shell for ₹17,200 crore, enhancing its renewable energy portfolio significantly.

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…