Waaree Energies Limited has signed an agreement to acquire 100 per cent of Enel Green Power India Private Limited (EGP India) from Enel Green Power Development S.R.L.
The acquisition is valued at Rs 7.92 billion. EGP India operates a renewable energy platform with a net capacity of approximately 640 MW AC (760 MW DC), consisting of solar and wind projects. It also has a project pipeline of 2,500 MW across multiple states in India.
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