Adani Green to buy 2 sun belongings from Sterling & Wilson

Adani Green to buy 2 sun belongings from Sterling & Wilson

by admin- Wednesday, March 24th, 2021 04:36:21 PM

Adani Green Energy Ltd (AGEL) has signed definitive agreements with Sterling & Wilson for the acquisition of a hundred% stake in special motive automobiles (SPVs) that very own seventy four.94 MW operating sun initiatives in Telangana.

The acquisition is at an business enterprise valuation of approximately Rs. 446 crore.

With this acquisition, AGEL will have working renewable potential of 3,470 MW with a total renewable portfolio of 15,240 MW.

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