Acquisition History / Waaree Energies Ltd / Enel Green Power India Private Limited
Waaree Energies Ltd Acquires Enel Green Power India Private Limited
Announced January 10, 2025 — $89.5M
What happened
Enel Green Power India is the Indian business of Enel Green Power, owning 640 MWac of operating solar and wind plants plus a development pipeline. Solar module maker Waaree Energies agreed to acquire 100% of the company for up to INR 792 crore.
- Acquirer
- Waaree Energies Ltd
- Target
- Enel Green Power India Private Limited
- Announced
- January 10, 2025
- Price
- $89.5M
- Industry
- Renewable power generation
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Waaree Energies Ltd acquire Enel Green Power India Private Limited?
Waaree Energies Ltd acquired Enel Green Power India Private Limited on January 10, 2025. This was Waaree Energies Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Waaree Energies Ltd pay for Enel Green Power India Private Limited?
Waaree Energies Ltd paid $89.5M for Enel Green Power India Private Limited.
What does Enel Green Power India Private Limited do?
Enel Green Power India is the Indian business of Enel Green Power, owning 640 MWac of operating solar and wind plants plus a development pipeline. Solar module maker Waaree Energies agreed to acquire 100% of the company for up to INR 792 crore.
What other Renewable power generation companies has Waaree Energies Ltd acquired?
Enel Green Power India Private Limited is Waaree Energies Ltd's only publicly tracked acquisition in Renewable power generation so far.