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Shell signs $1.55 bn deal to acquire India's Sprng Energy group

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 ....

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Shell signs USD 1.55 billion deal to acquire India's Sprng Energy group - Jammu Kashmir Latest News | Tourism

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 […] ....

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