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Onix Renewable acquires shares in Onix Solar Energy

PRIVATEAug 26, 2026about 3 hours ago

Acquiring Company

Onix Renewable Limited

Acquired Company

Onix Solar Energy

IndiaBilbaoEnergyRenewable EnergySolarBiomass EnergyEnergyRenewable EnergySolar

Description

Onix Renewable Limited has acquired 10,83,000 shares of Onix Solar Energy, increasing its stake by 2.94%. This acquisition raises Onix Renewable's total holding to 53.75% of Onix Solar Energy's voting capital. The transaction was executed through the open market on August 25, 2026.

Company Information

Company

Onix Renewable Limited

Location

India

About

Onix Renewable Limited specializes in Engineering, Procurement, and Construction (EPC) work for ground-mounted solar projects. Incorporated in 2014, it became a public limited company in 2023. The company is focused on expanding its footprint in the renewable energy sector.

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Predictive Intelligence
Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Onix Solar Energy?

Onix Solar Energy was acquired by Onix Renewable Limited, based in India. The deal was reported on August 26, 2026. Onix Renewable Limited specializes in Engineering, Procurement, and Construction (EPC) work for ground-mounted solar projects. Incorporated in 2014, it became a public limited company in 2023. Onix Renewable Limited is privately held and operates in Energy.

When did Onix Renewable Limited acquire Onix Solar Energy?

Onix Renewable Limited's acquisition of Onix Solar Energy was reported on August 26, 2026. Onix Renewable Limited has acquired 10,83,000 shares of Onix Solar Energy, increasing its stake by 2.94%. This acquisition raises Onix Renewable's total holding to 53.75% of Onix Solar Energy's voting capital. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Onix Solar Energy do?

Onix Solar Energy specializes in solar power generation and related technologies. The company provides sustainable energy solutions to various sectors. It aims to expand its market presence through strategic shareholdings. It is privately held, operating in Energy, and is based in Bilbao.

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