Aditya Birla Group nears $1.7-$1.8 billion acquisition of Shell's Sprng Energy

Type: Acquisition · Technology: Renewable Energy · Country: India · Capacity: 10 GW · Value: $1.8B · Announced: 2026-06-16

The Aditya Birla Group is nearing a $1.7-$1.8 billion acquisition of Shell's Sprng Energy, a material player in India's renewable sector. This deal aims to enhance Birla's clean energy goals, with a targeted capacity of over 10 GW by 2030. The transaction attracted major investors like KKR and Temasek, indicating strong market interest in India's renewable energy sector. Final terms of the acquisition remain negotiable between the parties. This acquisition represents a substantial move for Aditya Birla Group to expand its footprint in the clean energy market.

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