Acquisition History / Adani Energy Solutions Ltd / IntelliSmart Infrastructure Pvt Ltd
Adani Energy Solutions Ltd Acquires IntelliSmart Infrastructure Pvt Ltd
Announced June 9, 2026 — $344.6M
What happened
Adani Energy Solutions signed a binding securities purchase and subscription agreement to buy 100% of IntelliSmart Infrastructure for Rs 3,050 crore. IntelliSmart is a smart metering joint venture between the National Investment and Infrastructure Fund and Energy Efficiency Services Ltd. The deal makes AESL India's largest smart metering platform with over 4.7 crore meters.
- Acquirer
- Adani Energy Solutions Ltd
- Target
- IntelliSmart Infrastructure Pvt Ltd
- Announced
- June 9, 2026
- Price
- $344.6M
- Industry
- Smart electricity metering
- Buyer type
- Strategic acquirer
- Backing investors
- National Investment and Infrastructure Fund (seller), Energy Efficiency Services Ltd (seller)
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Adani Energy Solutions Ltd acquire IntelliSmart Infrastructure Pvt Ltd?
Adani Energy Solutions Ltd acquired IntelliSmart Infrastructure Pvt Ltd on June 9, 2026. This was Adani Energy Solutions Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Adani Energy Solutions Ltd pay for IntelliSmart Infrastructure Pvt Ltd?
Adani Energy Solutions Ltd paid $344.6M for IntelliSmart Infrastructure Pvt Ltd.
What does IntelliSmart Infrastructure Pvt Ltd do?
Adani Energy Solutions signed a binding securities purchase and subscription agreement to buy 100% of IntelliSmart Infrastructure for Rs 3,050 crore. IntelliSmart is a smart metering joint venture between the National Investment and Infrastructure Fund and Energy Efficiency Services Ltd. The deal makes AESL India's largest smart metering platform with over 4.7 crore meters.
What other Smart electricity metering companies has Adani Energy Solutions Ltd acquired?
IntelliSmart Infrastructure Pvt Ltd is Adani Energy Solutions Ltd's only publicly tracked acquisition in Smart electricity metering so far.