EnergyWatch

Shell closes acquisition of renewable energy group

The oil and gas supermajor has completed the takeover of Indian company Sprng Energy.

Photo: Wolfgang Rattay/REUTERS / X00227

Royal Dutch Shell's acquisition of Indian renewable energy company Sprng Energ is now complete, the British-Dutch oil company informs in a statement Tuesday morning.

The acquisition, announced in April, is worth USD 1.55bn.

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