The Aditya Birla Group has announced the acquisition of Shell-backed Sprng Energy in a deal valued at approximately $1.8 billion (around ₹17,200 crore). The acquisition will be executed through Aditya Birla Renewables (ABRen), a subsidiary of Grasim Industries, making it one of the largest renewable energy transactions in India.
Sprng Energy has a renewable energy portfolio of nearly 5 GW, including 3.3 GW of operational assets and 1.7 GW of projects under development. Following the acquisition, Aditya Birla Renewables’ total clean energy portfolio will expand to approximately 9.3 GW, significantly strengthening its presence in India’s fast-growing renewable energy sector.
The deal will be funded through a mix of debt, equity support from Grasim Industries and investments from infrastructure-focused funds. The transaction is expected to be completed by the end of 2026, subject to regulatory approvals.
The acquisition marks a significant milestone in Aditya Birla Group’s long-term sustainability strategy and supports India’s transition toward cleaner energy sources. By integrating Sprng Energy into its portfolio, the company aims to build one of the country’s largest integrated renewable energy platforms.
With India targeting rapid expansion of renewable energy capacity over the coming years, the acquisition positions Aditya Birla Group among the leading players in the sector while reinforcing its commitment to sustainable growth, energy security and reducing dependence on fossil fuels.
