Shell to acquire Indian renewable energy platform Sprng Energy for $1.5bn
Shell will spend $1.55 billion to acquire Sprng Energy, a renewable energy platform in India owned by global investment firm Actis. In this regard, Shell has executed a definitive agreement through its fully-owned subsidiary — Shell Overseas Investment with Actis Solenergi to acquire Solenergi Power Private Limited, the Mauritius-based holding company for Sprng Energy. Based […]