Adani To Acquire 5 GW India RE Portfolio From SB Energy

Masayoshi Son’s SoftBank Backed Indian Renewable Energy Platform SB Energy To Sell 5 GW Renewable Energy Portfolio, Comprising 4.18 GW Solar Capacity, To Adani Green Energy Limited For $3.5 Billion

Diversified business house Adani Group’s renewable energy arm, Adani Green Energy Limited (AGEL) will acquire close to 5 GW (4,954 MW precisely) renewable energy portfolio of SB Energy India for an enterprise value of approximately $3.5 billion, which it terms as the ‘largest’ acquisition in the renewable energy sector in India.

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