This is India’s largest M&A transaction in the renewable space.
The deal is expected to enable Adani Green Energy to achieve its target renewable portfolio of 25 GW, four years ahead of the timeline.
Adani Green Energy is set to acquire 5 GW of renewable power portfolio from SB Energy for a fully completed enterprise evaluation (EV) of $ 3.5 billion (approx Rs 26,000 crore).
This is the largest M&A transaction in India’s renewable space.
The deal is expected to enable Adani Green Energy to achieve its target renewable portfolio of 25 GW, four years ahead of the timeline.
This is a developing story, please check back for more updates…
