Adani Green to acquire 50MW solar asset

Adani Green Energy Limited (AGEL) has inked a share purchase agreement with Toronto-headquartered SkyPower Global to acquire a 100% stake in the latter’s special purpose vehicle (SPV) that owns 50 MW operating solar asset in Telangana. With this acquisition, AGEL’s operating renewable capacity will increase to 3,395 MW, while its total renewable portfolio will touch 14,865 MW.

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