Aditya Birla Renewables Buys Shell’s Sprng Energy Business in India for $1.8 Billion
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc, has signed an agreement to sell 100% of Solenergi Power Private Limited, including the Sprng Energy group of companies, to India’s Aditya Birla Renewables Limited (ABRen). It marks another significant investment in India’s rapidly expanding renewable sector. The transaction reflects Shell’s strategy to reshape […]
