Adani Green Energy to acquire SB Energy's 5 GW India renewable power portfolio for a fully completed EV of USD 3.5 billion - India's largest renewables M&A transaction

- AGEL has signed definitive agreements for 100% acquisition of SB Energy Holdings Limited ("SB Energy India") - Projects are contracted to sell power under 25 years PPAs with sovereign rated counterparties - The transaction is for a fully completed enterprise valuation of approximatelyUSD 3.5 ...