Solar power developer Adani Green Energy (AGEL) announced that it has completed the acquisition of SB Energy Holdings Ltd (SB Energy India). With this deal, SB Energy India is now a 100% subsidiary of AGEL. Earlier, it was a 80:20 joint venture between Japan-based SoftBank Group Corp and Bharti Group. The transaction pegs SB Energy…
Adani Green Energy Limited (AGEL), has signed share purchase agreements for the acquisition of 100% interest in SB Energy India from SBG (80%) and Bharti Group (20%). SB Energy India has a total renewable portfolio of 4,954 MW spread across four states in India. According to a statement, the transaction marks the largest acquisition in…