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Adani Green Energy to acquire SB Energy's 5 GW India renewable power portfolio for a fully completed EV of USD 3.5 billion - India's largest renewables M&A transaction

  • Written by PR Newswire
Adani Green Energy to acquire SB Energy's 5 GW India renewable power portfolio for a fully completed EV of USD 3.5 billion - India's largest renewables M&A transaction

- AGEL has signed definitive agreements for 100% acquisition of SB Energy Holdings Limited ("SB Energy India")

- Projects are contracted to sell power under 25 years PPAs with sovereign rated counterparties

- The transaction is for a fully completed enterprise valuation of approximately USD 3.5 billion (~Rs. 26,000 Cr.)

- This transformational...

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