Categories: Business

Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprng Energy; deal worth $1.8 billion

The acquisition will bring nearly 5 gigawatt-peak (GWp) of contracted renewable energy capacity into ABRen’s portfolio, comprising around 3.3 GWp of operational projects and another 1.7 GWp currently under construction. Following the transaction, ABRen’s total portfolio will expand to about 9.3 GWp.

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3 months ago

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