Acquisition of Shell's India Green Unit by Aditya Birla Renewables
Sector: Energy • Location: India
Source: VCCircle
Aditya Birla Renewables Ltd (ABRen) has agreed to acquire Sprng Energy, the Indian renewable energy platform owned by Shell Plc, at an enterprise value of Rs 17,200 crore ($1.8 billion). The acquisition adds a contracted portfolio of 5 GWp (3.3 GWp operational and 1.7 GWp under construction) to ABRen, bringing its total portfolio to 9.3 GWp and positioning it as one of India's largest renewable pl
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Aditya Birla Renewables Ltd (ABRen) has agreed to acquire Sprng Energy, the Indian renewable energy platform owned by Shell Plc, at an enterprise value of Rs 17,200 crore ($1.8 billion). The acquisition adds a contracted portfolio of 5 GWp (3.3 GWp operational and 1.7 GWp under construction) to ABRen, bringing its total portfolio to 9.3 GWp and positioning it as one of India's largest renewable platforms. The transaction is expected to close before the end of 2026, subject to regulatory approvals. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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State | Obfuscated Data |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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