Aditya Birla Renewables to acquire Sprng Energy in India renewables deal

Aditya Birla Renewables has agreed to acquire Sprng Energy, according to Mercom Capital Group's latest funding and M&A roundup. The transaction involves renewable energy assets in India, though financial terms were not disclosed in the available excerpt. The deal forms part of broader consolidation activity tracked by Mercom in the clean energy sector.

Why it matters: Large renewables M&A in India can reshape the competitive landscape for EV charging infrastructure, as energy developers often bundle charging networks with solar and wind portfolios to serve fleet and commercial customers.