KPI Green Energy Ltd

KPI Green Energy Acquisition Worth ₹49.31 Cr

KPI Green Energy's subsidiary, SDEL, completed acquiring an 88.37% stake in DMGEL for Rs. 49.31 Crore. This update marks the transaction's completion.

Value

₹49.31 Cr

KPI Green Energy Acquisition

KPI Green Energy's subsidiary, Sun Drops Energia, completed an additional acquisition of 43.49 lakh shares in DMGEL, taking its total stake to 88.37%.

KPI Green Energy Acquisition Worth ₹2,410 Cr

KPI Green Energy entered a binding offer to acquire 100% of Alfanar Energy and Netra Wind for Rs. 2,410 Crore. The deal adds 507.9 MW of wind assets.

Value

₹2,410 Cr

Execution

Expected completion by February 28, 2027

wind power capacity

507.9 MW

KPI Green Energy Acquisition

KPI Green Energy's subsidiary, Sun Drops Energia, has completed the acquisition of a 62.91% equity stake in DMGEL, making it a step-down subsidiary of the company.