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
- Written by PR Newswire Asia - Daily Bulletin Au RSS
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- 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...
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