October 10, 2026: Aditya Birla Renewables is lining up $1.5 billion in rupee-denominated borrowings to fund its agreed purchase of Solenergi Power, the Shell subsidiary that houses the Sprng Energy group, according to a Reuters report. The overall deal carries a price tag of $1.8 billion, though the divestment has yet to be formally completed.

The sale forms part of Shell's broader push to deploy capital more selectively, and it lands just as the energy major prepares to open its books. Full third-quarter results are scheduled for release on October 29.

(Source: Ad hoc news)