Summary
Aditya Birla Group is set to acquire Shell-backed Sprng Energy for $1.8 billion, adding nearly 5 gigawatt-peak (GWp) of contracted renewable energy capacity to ABRen's portfolio. This acquisition will expand ABRen's total portfolio to approximately 9.3 GWp, including 3.3 GWp operational and 1.7 GWp under construction.