Aditya Birla Renewables buys Shell’s Sprng Energy in 17,200 crore deal

Home Breaking News Aditya Birla Renewables buys Shell’s Sprng Energy in 17,200 crore deal
Aditya Birla Renewables will acquire Shell’s Sprng Energy business for Rs 17,200 crore. This significant deal adds 5 GWp of contracted capacity to ABRen’s portfolio. The acquisition is expected to close by the end of 2026 after regulatory approvals. Global Infrastructure Partners will provide capital alongside Grasim Industries’ funding. This transaction marks a major step in India’s clean energy sector consolidation.