Adani Green forms SPVs for renewable energy projects

Adani Renewable Energy Holding Nine Limited, a subsidiary of Adani Green Energy Limited (AGEL), has established three special purpose vehicles (SPVs) to implement its renewable energy projects. 

The SPVs—Adani Green Energy Sixty Five Limited (AGE65L), Adani Green Energy Sixty Six Limited (AGE66L), and Adani Green Energy Sixty Seven Limited (AGE67L)—were incorporated on December 12, 2024.

The SPVs will focus on generating, developing, transmitting, distributing, and selling power derived from wind, solar, and other renewable energy sources.