Italy’s Enel Green Power acquires Indian renewables energy firm BLP Energy

Italy’s Enel Green Power acquires Indian renewables energy firm BLP Energy

EGP acquired a majority stake in BLP Energy for about €30 million. Visual sourced from BLP Energy website.

Italy’s Enel Green Power (EGP) on Thursday said it has acquired a majority stake in Indian renewable energy company BLP Energy for about €30 million, making it the latest multinational looking to benefit from India’s push to shift the country’s energy needs toward renewables.

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