KPI Green Energy to Acquire 507.9 MW Wind Assets for ₹2,410 Cr

KPI Green Energy Limited has entered into a binding offer to acquire 100% equity of Alfanar Energy Private Limited (AEPL) and Netra Wind Private Limited (NWPL) for an enterprise value of ₹2,410 Crores. AEPL and NWPL collectively own wind power projects with a capacity of 507.9 MW located in Bhuj, Gujarat. The acquisition aims to expand and strengthen KPI Green Energy's renewable energy portfolio with operating wind power assets. The transaction is subject to definitive agreements and regulatory approvals, with completion expected by February 28, 2027. This move is a cash consideration transaction and is not a related party transaction.