ABRen Secures $1.6 Billion from MUFG to Fund Sprng Energy Acquisition

MUFG acted as the mandated lead arranger, underwriter, and bookrunner for the facility

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Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan facility from Mitsubishi UFJ Financial Group (MUFG) for its proposed acquisition of Solenergi Power, which includes the Sprng Energy group of companies.

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