Investment9 Dec 2025, 09:57 pm
Grasim Industries Ltd Secures INR 3,000 Crores Investment from Global Infrastructure Partners for Aditya Birla Renewables
AI Summary
Grasim Industries Ltd, a part of the Aditya Birla Group, has finalized an investment by Global Infrastructure Partners (GIP), part of BlackRock, of up to INR 3,000 Crores for a minority stake in Aditya Birla Renewables Limited (ABREN). This deal marks one of the largest primary commitments for a minority stake in a renewables platform in India. GIP's investment translates into an enterprise value of ~INR 14,600 Crores for ABREN. The investment will support ABREN's growth journey and its target of a capacity of 10 GW+ in the coming years. The transaction is subject to necessary approvals.
Key Highlights
- Grasim Industries Ltd secures INR 3,000 Crores investment from Global Infrastructure Partners for Aditya Birla Renewables.
- This deal marks one of the largest primary commitments for a minority stake in a renewables platform in India.
- GIP's investment translates into an enterprise value of ~INR 14,600 Crores for ABREN.
- ABREN has a diversified pan-India renewable energy portfolio of ~4.3 GW across 10 states.
- The investment will support ABREN's growth journey and its target of a capacity of 10 GW+ in the coming years.