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Adani Green Energy closes India’s largest renewables M&A deal for USD 3.5 Billion; a 46% increase in operational capacity

SB Energy India is now 100% subsidiary of AGEL The transaction is for a fully completed enterprise valuation of USD 3.5 Bn (~Rs. 26,000 Cr) The acquired portfolio comprises ~100% sovereign rated counterparties. Average tariff for the portfolio is Rs. 2.75 per unit Transaction completed in less than four months with thorough due diligence, statutory […]
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