Shell to sell Sprng Energy to India's Aditya Birla in $1.8B deal
Shell agreed to sell its Sprng Energy renewables business to India's Aditya Birla Renewables for $1.8 billion, including debt. The deal adds 5 GW of capacity to Aditya Birla's portfolio, bringing the total to 9.3 GW. Shell stated this move helps build a more focused and resilient business while improving returns towards 2030.
