Reliance Acquires REC Solar Holding for $771 Million

With this acquisition, Reliance aims to develop 100 GW of renewable energy capacity by 2030

October 10, 2021

/ Harsh Shukla
/ Finance and M&A, Solar
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Reliance New Energy Solar, a wholly-owned subsidiary of Reliance Industries, has acquired REC Solar Holdings from China National Bluestar Group for $771 million.

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Harsh Shukla

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