{"id":415703,"date":"2021-05-18T15:33:53","date_gmt":"2021-05-18T10:03:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=415703"},"modified":"2021-05-18T15:33:53","modified_gmt":"2021-05-18T10:03:53","slug":"adani-green-in-talks-to-acquire-sb-energy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-green-in-talks-to-acquire-sb-energy\/","title":{"rendered":"Adani Green in talks to acquire SB Energy"},"content":{"rendered":"<p>Adani Green Energy is in advanced talks to acquire privately-held SB Energy Holdings, according to people familiar with the matter. A deal could value SB Energy, owned by SoftBank Group and Bharti Enterprises, at more than $650 million, said one of the people, who asked not to be identified as the information is private.<\/p>\n<p>Adani Green is exploring a buyout of the renewable energy company through an all-stock deal, another person said. An announcement could come in coming weeks, the people said. Discussions could still be delayed or fall apart, they added.<\/p>\n<p>A representative for SoftBank declined to comment, while representatives for Adani Green and Bharti Enterprises didn\u2019t immediately respond to requests for comment.<\/p>\n<p>A deal could help Adani Green to reach its planned generation capacity of 25 gigawatts by 2025. Shares in Adani Green have risen more than 370% in the past year, giving it a market value of about $23 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Green Energy is in advanced talks to acquire privately-held SB Energy Holdings, according to people familiar with the matter. A deal could value SB Energy, owned by SoftBank Group and Bharti Enterprises, at more than $650 million, said one of the people, who asked not to be identified as the information is private. Adani Green is exploring a buyout of the renewable energy company through an all-stock deal, another person said. An announcement could come in coming weeks, the people said. Discussions could still be delayed or fall apart, they added. A representative for SoftBank declined to comment, while [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-415703","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415703","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=415703"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415703\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=415703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=415703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=415703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}