NIIF, KKR, Sembcorp vie to acquire Shell's Sprng Energy in one of India's biggest renewable M&A dealsAs the renewable energy market heats up, Shell is placing Sprng Energy on the auction block, inviting competition from notable investors in...
08 Jan, 2026, 06.00 AM IST
Norway's Statkraft looks to sell India assets for $2 billionNorwegian utility Statkraft hired EY to facilitate the $2 billion sale of its Indian hydro and solar power assets. The company plans to pri...
16 Mar, 2025, 11.40 PM IST
ONGC in talks to buy Sprng Energy's 125MW operating solar assetShell acquired renewable energy platform Sprng Energy from private equity investor Actis in August 2022 for an enterprise value of $1.55 bi...
19 Dec, 2024, 11.20 PM IST
Hartek bags 400 KV Substation order for SPRNG Energy’s 300 MW solar plantThe contract with an order value of approximately 320 Million INR underscores Hartek groups prowess in providing innovative and sustainable...
26 Dec, 2023, 07.24 PM IST
Actis unit BluPine buys Acme solar assets for enterprise value of Rs 1,700 crBluPine Energy, a subsidiary of Actis, has acquired solar power assets from Acme Group for an enterprise value of ₹1,700 crore. The deal, i...
30 Nov, 2023, 11.28 PM IST
Competition Comm clears Shell-Solenergi Power dealIn a tweet on Monday, CCI said it has cleared the "acquisition of 100 per cent shareholding and sole control of Solenergi Power Pvt Ltd by ...
11 Jul, 2022, 07.58 PM IST
Shell to acquire Sprng Energy for $1.5 billionAn important part of this strategy is to develop a best-in-class integrated power business, which will help Shell to reach its target of be...
30 Apr, 2022, 06.52 AM IST
Shell frontrunner in race to acquire Actis' Sprng EnergyShell’s offer that was submitted last week, valuing the portfolio at $1.75-1.8 billion inclusive of debt, is said to be higher than Singapo...
23 Mar, 2022, 10.27 AM IST
ArcelorMittal joins race to buy Sprng Energy in green steel pushArcelorMittal joins the buyout race to compete with Royal Dutch Shell, Adani Group, Singapore's Sembcorp Energy, and Canadian pension fund ...
07 Feb, 2022, 08.31 AM IST
Royal Dutch Shell in race for Actis' green company Sprng EnergyShell will be competing with Australian infrastructure fund Macquarie and Canadian pension fund CPP Investment Board for the potential bill...
10 Jan, 2022, 11.35 AM IST
PE firm Actis hires BoA to steer $2.75 billion sale of renewable platform Sprng EnergyFeelers have been sent to Canadian funds including Brookfield and CPPIB as well as Indian conglomerate Adani Group for the buyout.
02 Sep, 2021, 10.18 AM IST
Inside private equity firm Actis' big India plan, as decoded by Sanjiv Aggarwal, partner - energyHaving NTPC and SECI (Solar Energy Corporation of India) as intermediaries has given a lot of comfort to investors; it is good for Actis bu...
05 Mar, 2021, 01.00 PM IST
Actis plans to sell green energy platform Sprng in 2022; to invest $1 billion in India by FY26“Actis will look to sell the Sprng business in 2022. By then, we should have 2,000-2,400 mw of operating capacity. I can’t talk about the v...
04 Mar, 2021, 10.10 PM IST
Actis completes Acme's 400 MW assets buyoutThe deal was signed at an enterprise value of Rs.2300 crore, said sources. It is one of the largest deals in Indian renewable sector since ...
06 Aug, 2020, 09.39 PM IST
Actis buys 600 MW Acme solar assets for Rs 3,000 crActis will acquire the Acme assets through its global infrastructure vertical. The fund has been investing in the Indian renewable energy s...
28 Feb, 2020, 12.25 PM IST
Brookfield, Actis eye Acme Solar assetsBulge-bracket global investors, including Canada's Brookfield and the UK's Actis, are in separate discussions to acquire some solar energy ...
30 Jan, 2020, 08.10 AM IST
Shapoorji Pallonji Infra completes sale of solar power assets to ActisThe acquisition of this portfolio is in line with Actis' commitment of building over 2 GW of renewable power projects in India.
31 Mar, 2019, 06.55 PM IST