Bluspring to acquire STEAG India, adding 7 GW O&M portfolio
Bluspring Enterprises Limited has agreed to acquire 100% of STEAG Energy Services India Private Limited, expanding its presence in power sector operations and maintenance (O&M). The transaction will add nearly 7 GW of managed assets and close to 2,000 specialists to Bluspring’s portfolio. The acquisition will be carried out through Bluspring’s wholly owned subsidiary, Bluspring New Horizon One Private Limited. STEAG India is currently a wholly owned subsidiary of STEAG Power GmbH, Germany. The deal…