Adani Green to acquire 75 MW solar projects from Sterling & Wilson

Adani Green Energy Limited (AGEL) will acquire 75 MW operating solar projects from Sterling & Wilson, for Rs 4,460 million.

Definitive agreements have been signed between AGEL and Sterling & Wilson for acquiring 100 per cent stake in two special purpose vehicles (SPVs) that own the 75 MW operating solar projects at Telangana. The operating renewable energy capacity of AGEL is expected to increase to 3,470 MW and the total renewable portfolio is expected to increase to 15,240 MW with this acquisition.

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