Following on October 5's "Meanwhile In India: Gautam Adani Says His Green Investments Will Top $50 Billion By 2030".
From Forbes:
Adani Green Energy, part of the Gautam Adani-owned Adani group, has completed its deal to acquire SB Energy India for $3.5 billion, the largest acquisition yet in India’s renewable energy sector.
The Adani group company had signed an agreement in May to acquire SB Energy in an all-cash deal. At the time, SB Energy India had been a joint venture between Masayoshi Son’s SoftBank, which held an 80% stake in the unit, and Sunil Bharti Mittal’s Bharti Group, holder of the remaining 20%.
Adani Green Energy said in a press release that the acquisition will add 5 GW of renewable energy capacity to the company, which has ambitious plans to become the global leader in renewable energy. The deal is said to boost its operational portfolio by 46% to 5.4 GW and its overall portfolio to 19.8 GW....
....MUCH MORE
Additionally, via OffshoreEnergy.biz, October 1, a pretty big deal in Sri Lanka:
Adani invests $700M to develop Colombo container terminal
We intro'd that October 5 post with: "This is one interesting guy. Some links after the jump..."
