Actis to tap SE Asian markets with second green energy platform Sprng

In India’s largest clean energy deal, ReNew Power Ventures last week acquired Ostro Energy Pvt. Ltd from global private equity fund Actis LLP at an enterprise value of $1.5 billion. In an interview, Actis partner Sanjiv Aggarwal, responsible for its Asia energy business, spoke about the firm’s prudent green energy auction strategy and a larger game plan for its second green energy platform—Sprng Energy Pvt. Ltd—by growing its 750 megawatts (MW) portfolio to 1.75 gigawatts (GW).

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