Waaree Energies to acquire 100% stake in Enel Green Power India
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…