Reliance Industry’s renewable energy arm RNESL acquires 100% stake in REC Solar Holdings for $771 million
“Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has announced the acquisition of 100 percent shareholding of REC Solar Holdings AS (REC Group) from China National Bluestar (Group) Co Ltd., for an Enterprise Value of USD 771 million,” Reliance New Energy Solar said in a BSE filing. This acquisition will […]