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Sprng Energy Renewable Energy Portfolio Acquisition

Sector: Wind • Location: India

Source: GreentechLead

Project
Planned

Shell has agreed to sell its entire stake in Solenergi Power, including the Sprng Energy group of companies, to Aditya Birla Renewables (ABRen) in a transaction valued at $1.8 billion. Sprng Energy is one of India's major renewable power developers with a portfolio of 5.0 GWp renewable energy assets, including 3.3 GWp operational capacity and 1.7 GWp contracted projects under development. The deal

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The project “Sprng Energy Renewable Energy Portfolio Acquisition” is an infrastructure initiative in the Wind sector, located in India. Taiyo aggregates data on it from GreentechLead.

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Participants

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Description

Description

Shell has agreed to sell its entire stake in Solenergi Power, including the Sprng Energy group of companies, to Aditya Birla Renewables (ABRen) in a transaction valued at $1.8 billion. Sprng Energy is one of India's major renewable power developers with a portfolio of 5.0 GWp renewable energy assets, including 3.3 GWp operational capacity and 1.7 GWp contracted projects under development. The deal is expected to close by the end of 2026, pending regulatory approvals and customary closing conditions.

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