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BlackRock to Invest Up to ₹30 Billion for Stake in Aditya Birla Renewables

The proposed investment translates into an enterprise value of ₹146 billion

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The clean energy arm of the Aditya Birla Group, Aditya Birla Renewables (ABRen), has secured an investment commitment of ₹20 billion (~$222.37 million) from Global Infrastructure Partners (GIP), a part of BlackRock, with a greenshoe option to invest an additional ₹10 billion (~$111.18 million).

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