Renewable Energy
Shell Acquires Sprng Energy Private (India)
Shell acquired Indian renewable energy developer Sprng Energy for $1.55B, gaining a portfolio of solar and wind assets in India.
India
9 articles
Renewable Energy
Reliance New Energy Solar Acquires REC Solar Holdings AS
Reliance New Energy Solar Limited (RNESL), a subsidiary of Reliance Industries, completed the acquisition of REC Solar Holdings AS from China National Bluestar (Group) Co. for $771 million enterprise value. REC Solar is one of the world's leading solar cell, panel, and polysilicon manufacturing companies, with industry-leading heterojunction (HJT) cell technology and 25 years of […]
Renewable Energy
Reliance New Energy Solar Acquires 40% Stake in Sterling & Wilson Solar
Reliance New Energy Solar Limited completed its acquisition of a 40% stake in Sterling & Wilson Renewable Energy (SWREL), a Shapoorji Pallonji Group company.
Renewable Energy
Reliance Industries Acquires MSKVY Nineteenth and Twenty-second Solar SPVs
Reliance Industries acquired 100% of the equity in MSKVY Nineteenth Solar SPV Limited and MSKVY Twenty-second Solar SPV Limited from MSEB Solar Agro Power Limited.
Power and Utilities
Adani Group Acquires Holcim's Cement and Energy Operations in India
Adani Group completed the acquisition of Holcim's Indian cement businesses ACC and Ambuja Cements in September 2022 in a transaction valued at $10.5 billion.
Renewable Energy
Adani Green Energy Acquires SB Energy India
Adani Green Energy completed the acquisition of SB Energy India from SoftBank Group and Bharti Group for an enterprise value of $3.5 billion.
Renewable Energy
JSW Neo Energy Acquires Mytrah Energy India
JSW Neo Energy, a subsidiary of JSW Energy, completed the acquisition of Mytrah Energy India for an enterprise value of approximately $1.3 billion. The transaction added 1,753 MW of operating wind power capacity across seven Indian states to JSW's renewable energy portfolio.
Renewable Energy
Sembcorp Industries Acquires Vector Green Energy
Sembcorp Industries completed the acquisition of Vector Green Energy from Global Infrastructure Partners for approximately $474 million.
Renewable Energy
Renew Power Acquires 359 MW of Renewable Energy Assets
ReNew Energy Global completed the acquisition of two assets with a combined enterprise value of $384.0 million. ReNew acquired L&T Uttaranchal Hydropower Ltd., which owns the Singoli Bhatwari Hydroelectric Project (SBHEP), from L&T Power Development Ltd., a subsidiary of the engineering and construction firm L&T. In a separate transaction, ReNew Power also acquired 260 MW/330 […]