Adani Green Energy Ltd completes acquisition of 3 entities

Adani Green Energy Limited has completed acquisition of 100% equity share capital of 3 entities namely, Wind One Renergy Limited ("WORL"), Wind Three Renergy Limited ("WTRL") and Wind Five Renergy Limited ("WFRL") (WORL, WTRL and WFRL are hereinafter collectively referred to as "Target Entities") from Inox Green Energy Services Limited ("IGESL"), each housing 50 MW operational wind power projects.

AGEL's portfolio of renewable generation capacity in India, currently stands at 20.43 GWac with 6.72 GWac operational projects and balance 13.71 GWac in development stage.

Source : Equity Bulls

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AdaniGreenEnergy Acquisition 3Entities