Acquisition History / Refex Renewables & Infrastructure Ltd / Spectrum Renewable Energy Private Limited
Refex Renewables & Infrastructure Ltd Acquires Spectrum Renewable Energy Private Limited
Announced February 12, 2025 — $1.9M
What happened
Spectrum Renewable Energy is a Delhi-registered renewable energy company with paid-up capital of Rs 46.10 crore and FY24 turnover of Rs 2.62 crore. Refex Renewables & Infrastructure agreed to acquire 100% stake and control for a total consideration of Rs 16.71 crore.
- Target
- Spectrum Renewable Energy Private Limited
- Announced
- February 12, 2025
- Price
- $1.9M
- Industry
- Renewable energy
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Refex Renewables & Infrastructure Ltd acquire Spectrum Renewable Energy Private Limited?
Refex Renewables & Infrastructure Ltd acquired Spectrum Renewable Energy Private Limited on February 12, 2025. This was Refex Renewables & Infrastructure Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Refex Renewables & Infrastructure Ltd pay for Spectrum Renewable Energy Private Limited?
Refex Renewables & Infrastructure Ltd paid $1.9M for Spectrum Renewable Energy Private Limited.
What does Spectrum Renewable Energy Private Limited do?
Spectrum Renewable Energy is a Delhi-registered renewable energy company with paid-up capital of Rs 46.10 crore and FY24 turnover of Rs 2.62 crore. Refex Renewables & Infrastructure agreed to acquire 100% stake and control for a total consideration of Rs 16.71 crore.
What other Renewable energy companies has Refex Renewables & Infrastructure Ltd acquired?
Spectrum Renewable Energy Private Limited is Refex Renewables & Infrastructure Ltd's only publicly tracked acquisition in Renewable energy so far.
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