Acquisition / mergerFiled on BSE ·
KPI Green Energy signs binding offer to acquire 507.9 MW wind capacity in Gujarat
KPI Green Energy · Power
What the filing says
- KPI Green Energy to acquire 100% equity of Alfanar Energy Private Limited and Netra Wind Private Limited for approx. ₹2,410 crore.
- Acquisition includes 507.9 MW operational wind projects in Bhuj, Gujarat; AEPL holds 301.4 MW and NWPL holds 206.5 MW.
- Transaction expected to close by February 28, 2027, subject to approvals; will raise KPI Green's installed IPP capacity from 1.16 GW to ~1.67 GW.
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
