Actis plans to sell green energy platform Sprng in 2022; to invest $1 billion in India by FY26
Synopsis
“Actis will look to sell the Sprng business in 2022. By then, we should have 2,000-2,400 mw of operating capacity. I can’t talk about the valuation, but if you have a good quality asset, you get good value for it,” Sanjiv Aggarwal, partner - energy at Actis PE, said. “We are focusing on building high-quality assets.”
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