TAG: "acquisition"

News

Aditya Birla Renewables to Acquire Shell-Owned Sprng Energy in INR 17,200 Crore Deal

Aditya Birla Renewables, a part of Aditya Birla Group, has signed a definitive agreement to acquire Sprng Energy from Shell in a deal valued at INR 17,200 crore, adding a contracted renewable energy portfolio of about 5 GWp to its platform.

Acquisition | July 14, 2026 | By Mrinmoy Dey | 582

Oswal Pumps Acquires Additional Stake in Walso Solar, Raises Holding to 51 Percent

Oswal Pumps acquired 1.307 million equity shares of Walso Solar through a rights issue at a price of INR 28 per share, for a total consideration of INR 365.96 million.

Acquisition | June 10, 2026 | By Abha Rustagi | 752

Adani Energy Solutions to Acquire IntelliSmart for INR 3,050 Crore, Expands Smart Metering Portfolio

The deal, which remains subject to regulatory and customary approvals, will strengthen AESL's position as India's largest smart metering platform, increasing its smart meter portfolio to more than 4.7 crore units.

Acquisition | June 09, 2026 | By Abha Rustagi | 983

PDG Expands India Footprint with 210 MW Acquisition, Advancing Towards a 1 GW Portfolio in the Country

PDG has announced a multi-site acquisition in India that adds 210 MW of capacity to its current platform, bringing its total operating and planned capacity in the country to one gigawatt.

Acquisition | March 24, 2026 | By News Bureau | 1017

Alight Acquires 225 MW Solar Projects with BESS in Finland from 3Flash

Alight has strengthened its Nordic footprint by acquiring two large-scale solar-and-storage projects from 3Flash in eastern Finland, adding 225 MW and pushing its national pipeline beyond 1 GW.

Acquisition | February 14, 2026 | By Mrinmoy Dey | 1014

Copenhagen Infrastructure Partners Acquires Ørsted’s European Onshore Portfolio

Copenhagen Infrastructure Partners, through its CI V fund, has agreed to acquire Ørsted’s European onshore renewable energy business, strengthening its footprint with over 800 MW of operational and under-construction assets and a multi-gigawatt development pipeline across Ireland, the UK, Germany and Spain.

Acquisition | February 04, 2026 | By Mrinmoy Dey | 1145

Waaree RTL to Acquire 55 Percent Stake in Associated Power Structures for INR 1,225 Crore

Waaree Renewable Technologies has approved the acquisition of a 55 percent stake in Associated Power Structures for about INR 1,225 crore, in a strategic move to strengthen its integrated renewable energy and infrastructure capabilities.

Acquisition | January 27, 2026 | By Mrinmoy Dey | 1139

Inox Clean Energy Acquires Vibrant Energy’s 1,337 MW RE Portfolio

Inox Clean Energy has signed definitive agreements to acquire Macquarie-backed Vibrant Energy, adding a 1,337 MW diversified renewable portfolio of which about 800 MW is operational now, to accelerate its scale-up ambitions of reaching 3 GW installed RE capacity by FY26-end.

Acquisition | December 22, 2025 | By Mrinmoy Dey | 1802

LNJ Bhilwara Acquires Statkraft’s 49 Percent Stake in Malana Power Company

LNJ Bhilwara Group has acquired Statkraft’s 49 percent stake in Malana Power Company, becoming the company's sole owner. Its portfolio includes the 86 MW Malana hydropower plant and 192 MW Allain Duhangan hydropower plants in Himachal Pradesh.

Acquisition | September 10, 2025 | By Mrinmoy Dey | 2477

ACME Solar to Acquire AK Renewable Infra for INR 79.25 Crore

ACME Solar Holdings has approved the acquisition of AK Renewable Infra for INR 79.25 crore to strengthen its renewable energy project pipeline in Rajasthan. The latter has already secured all development rights, including land, connectivity and associated approvals for 300 MW capacity in Rajasthan.

Acquisition | September 09, 2025 | By Mrinmoy Dey | 1430