NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
22 Apr, 2026, 11.35 PM IST
Actis 'Sprngs' a surprise, enters race to re-acquire co from ShellActis LLP is making a move to buy back Sprng Energy from Shell. This clean energy platform was originally set up by Actis. Other major play...
10 Feb, 2026, 10.01 AM IST
Aditya Birla Group among top 4 in Sprng Energy raceAditya Birla Group has entered the race to acquire Shell's renewable energy platform, Sprng Energy, joining NIIF, KKR, and Sembcorp. The co...
31 Jan, 2026, 05.30 AM IST
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
Shell to restart Sprng Energy sale process, ropes in BarclaysShell PLC is reportedly reviving the sale of its Indian renewable power producer, Sprng Energy, appointing Barclays to manage the process. ...
08 Oct, 2025, 11.14 PM IST
Shell’s plan to sell Sprng Energy stalls amid lukewarm investor interestShell's attempt to sell Sprng Energy faces challenges due to valuation disagreements. Discussions with Sekura Energy and ONGC stalled. Inve...
30 Apr, 2025, 12.46 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
Shell in talks with Sekura to sell 300 MW of Sprng EnergyShell Plc is in talks with Sekura Energy, Edelweiss Alternatives' energy platform, to sell a 300-MW portfolio from its India-based renewabl...
27 Jan, 2025, 11.32 PM IST
Swiss investment firm to buy majority stake in Sunsure Energy for $400 millionThe investment in Sunsure Energy, which has historically built solar plants for commercial and industrial users, is to help transform the c...
08 Dec, 2022, 09.40 AM IST
NTPC taps CPPIB, TAQA to sell green arm stakeNTPC has 2.3 GW renewable energy capacity under operation and 3.4 GW being built. It has a target of 15 GW renewable energy capacity by FY2...
17 Aug, 2022, 11.12 AM IST
Actis launches power generation businessThe Bhola power plant has a 22-year power purchase agreement with Bangladesh Power Development Board and achieved commissioning in Jun 2021...
29 Jun, 2022, 04.41 PM 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
Azure Power, 3 others looking to bid for Actis-owned Sprng EnergyThe company has plans to develop a portfolio of 9 GW of renewable energy, which predominantly comprises solar power generation, according t...
29 Nov, 2021, 11.52 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