India's Adani Green to buy SoftBank-backed SB Energy in $3.5b deal

India's Adani Green to buy SoftBank-backed SB Energy in $3.5b deal

FILE PHOTO: The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave

Indian renewable energy company Adani Green Energy Ltd said on Wednesday it would buy SoftBank Group Corp-backed SB Energy Holdings Limited for an enterprise value of $3.5 billion.

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