Enviro Infra Engineers enters wind segment with Suyog Urja buy
Enviro Infra Engineers Limited said its wholly-owned subsidiary, EIE Renewables Private Limited, has signed a Share Purchase Agreement to acquire 100% share capital of Suyog Urja Limited, marking its entry into the wind energy segment. Under the agreement, EIE Renewables will acquire 51% equity upfront, with the remaining 49% to be acquired in phases within 27 months. The company said the transaction is not a related party deal and that no promoter or group entities…