Adani Green Energy to acquire SB Energy’s 5 GW India renewable power portfolio for a fully completed EV of USD 3.5 billion – India’s largest renewables M&A transaction
– AGEL has signed definitive agreements for 100% acquisition of SB Energy Holdings Limited (“SB Energy India”) – Projects are contracted to sell power under 25 years PPAs with sovereign rated counterparties – The transaction is for a fully completed enterprise valuation of approximately USD 3.5 billion (~Rs. 26,000 Cr.) – This transformational acquisition will […]
