ET exclusive: Softbank scraps renewable deal with CPPIB, to continue running SB Energy with Bharti SECTIONS Share Synopsis Differences over valuations, CPs, rights for minority shareholder scuppered months of negotiations; team informed this morning. Move seen as major embarrassment for Softbank founder Masayoshi Son. Agencies Masayoshi Son led Softbank Group has abandoned its plans to divest its renewable business in India -- SB Energy Holdings – after carrying out a full blown global sale process for over a year. The Japanese technology and telecoms conglomerate have terminated its agreement to sell its 80% stake in the joint venture to Canada Pension Plan Investment Board (CPPIB), earlier this week, after disagreements over valuation, terms and conditions of the shareholder agreement (SHA) and governance rights could not be resolved between all parties concerned, said multiple people aware of the developments.