Adani Green buys SB Energy from Softbank and Bharti; firm valued at $3.5 billion
NEW DELHI: Adani Green Energy Ltd. (AGEL) said on Wednesday it is acquiring SB Energy India from Softbank of Japan and India’s Bharti Group to add 4,954 MW in its renewable power portfolio. The deal is biggest acquisition in India’s renewable power sector. The transaction values SB Energy India at an enterprise valuation of approximately […]