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5 hours ago

Aditya Birla Renewables Secures USD 1.6 Billion MUFG Financing for Acquisition

Aditya Birla Renewables has secured a USD 1.6 billion term loan from MUFG to finance its acquisition of Solenergi Power. The deal, valued at approximately Rs. 17,200 crore (USD 1.8 billion), will give ABRen 100% ownership of Solenergi, including Sprng Energy’s renewable portfolio. Sprng Energy has 5.

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