{"id":407667,"date":"2021-03-30T08:42:46","date_gmt":"2021-03-30T03:12:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=407667"},"modified":"2021-03-30T09:24:24","modified_gmt":"2021-03-30T03:54:24","slug":"adani-green-energy-acquires-100-stake-in-spinel-energy-and-infrastructure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-green-energy-acquires-100-stake-in-spinel-energy-and-infrastructure\/","title":{"rendered":"Adani Green Energy acquires 100% stake in Spinel Energy and Infrastructure"},"content":{"rendered":"<p>Adani Green Energy has acquired 100 per cent equity stake in Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures.<\/p>\n<p>&#8220;Adani Green Energy Ltd (AGEL) has completed acquisition of 100 per cent of the share capital and all the securities of Spinel Energy &amp; Infrastructure Ltd from Hindustan Cleanenergy Limited and Peridot Power Ventures Ltd,&#8221; a BSE filing said. <\/p>\n<p>This acquisition is part of AGEL&#8217;s overall growth strategy where the company is planning to build a capacity of 25 GW by 2025.<\/p>\n<p>While acquisitions of existing infrastructure would help it grow inorganically, AGEL is expanding organically too by establishing greenfield power plants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Green Energy has acquired 100 per cent equity stake in Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. &#8220;Adani Green Energy Ltd (AGEL) has completed acquisition of 100 per cent of the share capital and all the securities of Spinel Energy &amp; Infrastructure Ltd from Hindustan Cleanenergy Limited and Peridot Power Ventures Ltd,&#8221; a BSE filing said. This acquisition is part of AGEL&#8217;s overall growth strategy where the company is planning to build a capacity of 25 GW by 2025. While acquisitions of existing infrastructure would help it grow inorganically, AGEL is expanding organically too by [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-407667","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=407667"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407667\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=407667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=407667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=407667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}