Mergers & AcquisitionsMedium•9 October 2026•
1 min read
Aditya Birla Seeks $1.5B Loan for Shell India Renewables Deal
Key Facts
1Aditya Birla Renewables is seeking $1.5 billion in rupee-denominated loans to fund the acquisition of Shell's Indian renewable energy arm.
Aditya Birla Renewables is seeking $1.5 billion in rupee-denominated loans to fund the acquisition of Shell's Indian renewable energy arm. Reuters reported that the company is in talks with bankers to secure the financing required to purchase Solenergi, the Indian renewable energy unit of Shell Plc.
The company aims to use local currency loans to fund the acquisition and avoid more expensive bridge debt options. SHEL closed at $100.2 on October 8, 2026, as the deal represents a strategic divestment for Shell's Indian operations and an expansion for Aditya Birla.