Shell sells Sprng Energy for $1.8 billion to Aditya Birla Renewables
Shell has agreed to sell its renewable energy subsidiary Sprng Energy, including around 5GWp of solar and wind capacity in India, to Aditya Birla Renewables (ABRen) for $1.8 billion. The deal is expected to expand ABRen's portfolio significantly and position it as one of the largest players in India’s renewable energy sector.