Adani Green Energy acquires SB Energy India for $3.5 billion

Adani Green Energy Limited (AGEL), subsidiary of India-based Adani Group, has completed its previously announced acquisition of SB Energy India for Rs 260 billion. In May 2021, AGEL signed share purchase agreements with SoftBank Group (SBG) and Bharti Group to acquire a 100 per cent interest in SB Energy India.

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