Aditya Birla Renewables to acquire Shell-backed Sprng Energy in $1.8 billion clean energy deal

The acquisition will add 5 GW of renewable capacity to Aditya Birla Renewables’ portfolio, strengthening its position in India’s rapidly expanding clean energy market. Aditya Birla Renewables, the clean energy arm of Grasim Industries, will acquire Shell-owned Sprng Energy in a $1.8 billion deal, including debt, marking one of India’s largest renewable energy acquisitions, according […]