Qatar Holding LLC, an affiliate of the sovereign wealth fund Qatar Investment Authority, has sold 48.05 lakh shares of Adani Energy Solutions to Birla Mutual Fund for ₹643 crore through open market transactions...
Energy
Germany kicks off sales process of bailed-out energy firm Uniper
Germany kicked off the sales process for bailed-out energy firm Uniper on Tuesday, paving the way for what could become one of Europe’s biggest deals this year. Berlin had to nationalise Uniper during...
Aditya Birla group, KKR left in race for Sprng Energy
The Aditya Birla Group and private equity firm KKR are in a two-horse race to acquire Sprng Energy from oil giant Shell after binding financial bids were submitted by four contenders interested in acquiring the...
Waaree Renewable to acquire 55% stake in Associated Power Structures for Rs 1,225 crore
Waaree Renewable Technologies on Thursday said it has inked pacts for the acquisition of a 55 per cent stake in Associated Power Structures Pvt Ltd for Rs 1,225 crore. According to a regulatory filing, the company has...
Inox Clean Energy eyes $750M Boviet Solar buy to enter US market
Inox Clean Energy is set to acquire Boviet Solar in a deal that could assign an enterprise value of about $750 million (around Rs 7,000 crore) to the San Jose, California-headquartered company, said people familiar with...
NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buy
National Investment and Infrastructure Fund (NIIF) has emerged as the frontrunner to acquire Sprng Energy from Shell for nearly $1.7 billion, said people in the know, as India’s quasi-sovereign wealth fund looks to re...
Jindal Renewables, INOXGFL in race for GIP’s Vena India
Leading homegrown clean energy producers such as Naveen Jindal-owned Jindal Renewables, INOXGFL Group, and Edelweiss-owned Sekura Energy are in talks to acquire Vena Energy India, a 1.1 GW renewable energy platform...
Iberdrola puts $1 billion solar stake sale on hold, sources say
Iberdrola has put on hold for now the attempted sale of a minority stake in a roughly 1-gigawatt Spanish solar energy portfolio, according to two people familiar with the matter. The Spanish company decided to explore...
Inox Clean Energy completes Rs 5,000-crore acquisition of Vibrant Energy
Inox Clean Energy on Wednesday said it has completed the acquisition of Vibrant Energy from Macquarie Corporate Holdings Pty Limited and other shareholders at an enterprise value of Rs 5,000 crore. The acquisition has...
UltraTech to pick up 26% in Sunsure Solarpark Seven
UltraTech Cement will acquire a 26.18% stake in Sunsure Solarpark Seven, a renewable energy generation and transmission company, for up to Rs 19.2 crore, the company said on Wednesday. “The acquisition is for the...
ReNew sells 11% stake in unit for $95 million
ReNew Monday said it sold around 11% stake in its commercial and industrial (C&I) power generation power unit to three investors-Leapfrog Investments, Emerging Market Climate Action Fund, and Carlyle AlpInvest. The...
Clean Max Enviro Energy Solutions to acquire 100% stake in Kintech Solarbikaner
Clean Max Enviro Energy Solutions has entered into a Share Purchase Agreement with Kintech Synergy and Kintech Solarbikaner on 16 March 2026 for the acquisition of 100% equity shares of Kintech Solarbikaner at an...
