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Shell has signed an agreement with Actis Solenergi to acquire 100 pct of Solenergi Power for $1.55B and with it the Sprng Energy group of companies.

Shell, has signed an agreement with Actis Solenergi to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India.

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has signed an agreement with Actis Solenergi Limited (Actis) to acquire 100 per cent of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Solenergi Power Private Limited is incorporated in Mauritius and is the direct shareholder of the Sprng Energy

Houston, Apr 30: Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has signed an agreement with Actis Solenergi Limited (Actis) to acquire 100 per cent of Solenergi Power Private Limited for USD 1.55 billion and with it, the Sprng Energy group of companies. Solenergi Power Private Limited is incorporated in Mauritius and is the direct shareholder of the Sprng Energy group of companies in India. Sprng Energy, headquartered in Pune, Maharashtra, will retain its existing brand […]

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has signed an agreement with Actis Solenergi Limited (Actis) to acquire 100 per cent of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Solenergi Power Private Limited is incorporated in Mauritius and is the direct shareholder of the Sprng Energy