Acquisition History / Standard Engineering Technology / Gscale Energy
Standard Engineering Technology Acquires Gscale Energy
Announced June 25, 2026 — $21.5M
What happened
Standard Engineering Technology acquired a 51% stake in Gscale Energy, an Indian renewable energy business, for Rs 190.00 crore. The transaction was recorded in PrivateCircle's June 2026 India acquisition roundup, which tracks deal disclosures by listed and unlisted Indian companies.
- Acquirer
- Standard Engineering Technology
- Target
- Gscale Energy
- Announced
- June 25, 2026
- Price
- $21.5M
- Industry
- Renewable energy
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Standard Engineering Technology acquire Gscale Energy?
Standard Engineering Technology acquired Gscale Energy on June 25, 2026. This was Standard Engineering Technology's 1st publicly tracked acquisition out of 1 we have on record.
How much did Standard Engineering Technology pay for Gscale Energy?
Standard Engineering Technology paid $21.5M for Gscale Energy.
What does Gscale Energy do?
Standard Engineering Technology acquired a 51% stake in Gscale Energy, an Indian renewable energy business, for Rs 190.00 crore. The transaction was recorded in PrivateCircle's June 2026 India acquisition roundup, which tracks deal disclosures by listed and unlisted Indian companies.
What other Renewable energy companies has Standard Engineering Technology acquired?
Gscale Energy is Standard Engineering Technology's only publicly tracked acquisition in Renewable energy so far.
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