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Shell completes acquisition of renewables platform Sprng Energy group – EQ Mag Pro

National : Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited and with it, the Sprng Energy group of companies from Actis Solenergi Limited (Actis). Sprng Energy, set up in 2017 by Actis, is a renewable energy platform based in Pune, India, […]

New Zealand Commits $25 Million for ADB’s Energy Transition Mechanism – EQ

Shell to acquire Sprng Energy group, one of India’s leading renewable power platforms

National : Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in […]

New Zealand Commits $25 Million for ADB’s Energy Transition Mechanism – EQ