Enel Green Power

India | News

Waaree Energies clarifies status of Enel Green acquisition
By August 20, 2025August 20, 2025

Waaree Energies has responded to reports on the possible collapse of its planned acquisition of Enel Green Power India, stating that the agreement remains under discussion. In a filing dated 19 August 2025, the company said it had signed a Share Purchase Agreement on 10 January 2025 with Enel Green Power Development S.r.l for the purchase of Enel Green Power India Private Limited. Waaree noted that while the agreement included standard terms and conditions, certain…

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India | News

Waaree Energies to acquire 100% stake in Enel Green Power India
By January 14, 2025January 14, 2025

Waaree Energies Limited has signed an agreement to acquire 100% of Enel Green Power India Pvt Ltd (EGP India) from Enel Green Power Development S.R.L. The acquisition, valued at Rs 7.92 billion, is subject to customary closing adjustments. EGP India operates a renewable energy platform with a net capacity of approximately 640 MW AC (760 MW DC) and a project pipeline of 2,500 MW across multiple states in India. This acquisition will strengthen Waaree’s position…

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Global | News

US DoI to expand geothermal energy on public lands
By October 18, 2024October 18, 2024

The US Department of the Interior (DOI) has announced plans to boost geothermal energy development on public lands, supporting the Biden-Harris administration’s goal of a carbon pollution-free power sector by 2035. The Bureau of Land Management (BLM) has approved the Fervo Cape geothermal project in Beaver County, Utah, which is expected to generate up to 2 GW of baseload power using advanced technology. The BLM has authorized nearly 32 GW of clean energy projects on…

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