Global Infrastructure SherpaZodiac Energy acquires 98% stake in Shamli Solar Projects LLP
Zodiac Energy Limited, an India-based EPC company, has acquired a 98% stake in Shamli Solar Projects LLP for approximately $213. Shamli Solar Projects LLP, incorporated in November 2020, is engaged in solar power generation and electricity sales in India. This acquisition makes Shamli Solar Projects LLP a subsidiary of Zodiac Energy, expanding Zodiac Energy's solar power generation portfolio.
Counterparts (2)
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- Zodiac Energy acquired a 98% stake.
- Deal valued at approximately $213.
- Shamli Solar Projects LLP incorporated in November 2020.
- Expands Zodiac Energy's solar power generation portfolio.
Source Intelligence
Zodiac Energy Limited acquired a 98% stake in Shamli Solar Projects LLP. Shamli Solar Projects LLP became a subsidiary of Zodiac Energy effective March 11, 2026. Shamli Solar Projects LLP was incorporated on November 25, 2020. Shamli Solar Projects LLP has reported nil turnover for FY 2023 to FY 2025. The acquisition was against the LLP’s total capital of INR 20,000 (~ $217). Quotes: "Zodiac Energy acquires 98% stake in Shamli Solar Projects LLP", "Shamli Solar Projects LLP has become a subsidiary of Zodiac Energy effective March 11, 2026.", "Shamli Solar Projects LLP was incorporated on November 25, 2020", "Shamli Solar Projects LLP has reported nil turnover for FY 2023 to FY 2025.", "against the LLP’s total capital of INR 20,000 (~ $217)"
"Zodiac Energy Limited, an India-based EPC company engaged in solar power projects, has acquired a 98% stake in Shamli Solar Projects LLP."
"Zodiac Energy acquires 98% stake in Shamli Solar Projects LLP"
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