Aditya Birla Group Nears $1.8 Billion Acquisition Of Shell-Owned Sprng Energy

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The Aditya Birla Group is nearing a $1.7-$1.8 billion acquisition of Shell’s Sprng Energy, a significant player in India’s renewable sector. The deal, attracting major investors like KKR and Temasek, aims to enhance Birla’s clean energy goals, with a targeted capacity of over 10 GW by 2030. Final terms remain negotiable.

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