Reliance Completes 40% Acquisition in EPC Company Sterling and Wilson Solar

The acquisition will help Reliance implement giga-scale solar energy capacity in India and abroad

February 10, 2022

/ Arjun Joshi
/ Finance and M&A, Other
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Reliance New Energy Solar Limited (RNESL), the green energy arm of Reliance Industries, has completed the 40% stake acquisition in Sterling and Wilson Renewable Energy Limited (SWREL). Reliance acquired the stake through a primary investment, a secondary purchase, and an open offer.

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Arjun Joshi

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AcquisitionEPCReliancerenewablesSolarSterling & Wilson
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