Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprung Energy; $1.8 billion deal & more related News Here
The final equity payment to Shell will be calculated taking into account adjustments related to debt, cash and other items specified in the transaction agreements. (AI image) Aditya Birla Renewables Limited (ABREN), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprung Energy from Shell Overseas Investment BV in a…