Aditya Birla Group to Acquire Sprng Energy from Shell for $1.8 Billion

Aditya Birla Group acquires Shell's owen sprng energy

Aditya Birla Renewables will acquire Shell-owned Sprng Energy for an enterprise value of $1.8 billion, adding about 5 GW of renewable capacity and taking its portfolio to 9.3 GW.   Sprng Energy brings a renewable portfolio of around 5 GW, including operational, under-construction and contracted projects of renewable energy assets across India, including operational, under-construction, … Read more