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Actis looks to buy Sprng from Shell in $1.5 bn deal
Hindustan Times Uttarakhand
|November 06, 2025
Blackstone, Brookfield also interested in green power firm
Sprng Energy has 2.3 gigawatt (GW) of operational renewable energy projects, and 5GW in the pipeline.
(AP)
General Atlantic owned Actis Llp is interested in buying back Sprng Energy group from Shell Plc in a deal having an enterprise value of around $1.55 billion, two people aware of the matter said.
If Actis indeed acquires Sprng, the deal would mark a full circle for the company, which had sold Sprng Energy to Shell three years ago at an enterprise value of $1.55 billion. Sprng Energy has 2.3 gigawatt (GW) of operational renewable energy projects, and 5GW in the pipeline. Other interested prospective bidders in the yet-to-be-launched sale process, run by Barclays, include the world’s largest alternative asset manager Blackstone, and Canada’s Brookfield Asset Management Inc., the people said on the condition of anonymity.
This story is from the November 06, 2025 edition of Hindustan Times Uttarakhand.
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