Aditya Birla Renewables to Acquire Sprng Energy for $1.8 Billion
The acquisition will increase the combined contracted portfolio to about 9.3 GW
July 14, 2026
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Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng Energy from Shell Overseas Investment for an enterprise value of ₹172 billion (~$1.8 billion).
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Melvin Mathew
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