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Actis looks to buy Sprng from Shell in $1.5 bn deal

Hindustan Times Thane

|

November 06, 2025

Blackstone, Brookfield also interested in green power firm

- Utpal Bhaskar

Actis looks to buy Sprng from Shell in $1.5 bn deal

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.

Hindustan Times Thane से और कहानियाँ

Hindustan Times Thane

West is controlling Pak by controlling | person: Pakistan MP

Pakistani MP Khurram Zeeshan said that it suits countries like the US, along with others in the international community, for Pakistan to remain a dictatorship.

time to read

1 min

December 01, 2025

Hindustan Times Thane

NEW FIR AGAINST SONIA, RAHUL IN NATIONAL HERALD CASE FANS FURORE

The political row over the National Herald dispute was reignited on Sunday after the economic offences wing of Delhi Police registered a fresh FIR naming Congress leaders Sonia Gandhi and Rahul Gandhi, drawing sharp reactions from the Opposition and ruling parties.

time to read

1 min

December 01, 2025

Hindustan Times Thane

India win after Virat vintage at MSD's den

Virat Kohli hits his 52nd ODI hundred in Ranchi to help India beat South Africa by 17 runs in the opening match of the three-game series

time to read

5 mins

December 01, 2025

Hindustan Times Thane

Why Opposition parties seem to lose the plot against BJP

These days, Tejashwi Yadav is the target of intense trolling. Before him, the Hooda family in Haryana and the Thackerays in Maharashtra were subjected to the same treatment. So, is the battle of victory and defeat in electoral politics a tussle between dynasts versus the rest? Absolutely not.

time to read

4 mins

December 01, 2025

Hindustan Times Thane

Hindustan Times Thane

Smart GDP growth casts shadow over RBI’s December rate cut

The Reserve Bank of India’s (RBI's) Monetary Policy Committee (MPC) is widely expected to keep the policy rate unchanged on December 5, even asa sizable minority of economists argues that the space created by softening inflation and moderating nominal growth warrants another rate cut.

time to read

2 mins

December 01, 2025

Hindustan Times Thane

Nuances in the debate on the age of consent

Debates on children’s issues often erupt into public controversy, and the current discussion on the age of consent is no different.

time to read

3 mins

December 01, 2025

Hindustan Times Thane

Venezuela slams US threat amid buzz over Pentagon pizza report

Venezuela on Saturday slammed US President Donald Trump's warning that Venezuelan airspace should be considered closed, calling it a “colonialist threat,” AFP reported.

time to read

1 mins

December 01, 2025

Hindustan Times Thane

6 dead as UPSRTC bus rams into tempo: Cops

Six people, including five members of a family, were killed and five others were seriously injured on Sunday when a a tempo carrying them was hit by a Uttar Pradesh State Road Transport (UPSRTC) bus in Moradabad district of Uttar Pradesh, police said.

time to read

1 min

December 01, 2025

Hindustan Times Thane

SIM-linking order rushed: Industry leaders

KEY MESSAGING PLATFORMS TOLD TO ENSURE THAT APPS ARE NOT TO BE USED UNLESS DEVICE HAS AN ACTIVE SIM

time to read

2 mins

December 01, 2025

Hindustan Times Thane

The message in high growth

Low inflation, tax cuts have boosted GDP numbers. Overall, the economy is ona high growth path, in the near term and medium term

time to read

2 mins

December 01, 2025

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