AGEL completes acquisition of SB Energy India

It is learnt that Adani Green Energy Ltd (AGEL) has completed the acquisition of SB Energy India for Rs 26,000 Cr. SB Energy India has 5 GW renewable consisting 1700 MW of operational renewable assets, 2554 MW of assets under construction and 700 MW of assets near construction. Out of total portfolio of SB Energy India is consisting Solar capacity accounts for 84 per cent (i.e. 4,180 MW), wind-solar hybrid capacity accounts for 9 per cent (i.e.450 MW) and wind capacity accounts for 7 per cent (i.e. 324 MW).