What is the total value of Aditya Birla Group's acquisition of Sprng Energy from Shell, and how much renewable energy capacity will it add to Aditya Birla Renewables' portfolio?

The acquisition is worth $1.8 billion, including debt, and will add 5 gigawatt (GW) of renewable energy capacity to Aditya Birla Renewables' portfolio.

What will be the total renewable energy portfolio size of Aditya Birla Group after the acquisition of Sprng Energy, and how will the deal be financed?

After the acquisition, the group's renewables portfolio will reach 9.3 GW. The deal will be financed through a mix of debt, equity infusion from Grasim Industries, and funds managed by Global Infrastructure Partners, a unit of BlackRock.

India's Aditya Birla Group's Renewables Arm to Buy Sprng Energy from Shell

Jul 13, 2026

Grasim Industries' unit will acquire Sprng Energy from Shell for $1.8 billion, adding 5 gigawatts of renewable capacity to the group's portfolio. The transaction, funded via debt and equity, represents one of India's largest renewables acquisitions.

reuters

2026-07-13

India's Aditya Birla Group's Renewables Arm to Buy Sprng Energy from Shell

India's Aditya Birla Group's Renewables Arm to Buy Sprng Energy from Shell

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