Acquiring Company
Vodafone Idea
Acquired Company
Sangli Wind Energy
Description
Vodafone Idea has acquired a 26% stake in Sangli Wind Energy for Rs 31.2 lakh. This special purpose vehicle is designed to own and operate a captive power plant. Following the acquisition, Sangli Wind Energy will now become an associate of Vodafone Idea. This move aims to enhance Vodafone Idea's renewable energy portfolio.
Quick answer
Vodafone Idea is acquiring Sangli Wind Energy, announced May 19, 2025. Vodafone Idea is based in Germany.
- How much did Vodafone Idea pay for Sangli Wind Energy?
- The deal value was not disclosed.
- What does Vodafone Idea do?
- Vodafone Idea is a major telecom company in India, facing financial challenges and striving to revitalize its operations and network.
- Where are Vodafone Idea and Sangli Wind Energy based?
- Vodafone Idea is based in Germany. Sangli Wind Energy is based in Maharashtra, India.
- Who are the decision-makers at Vodafone Idea?
- Fundz holds 2 contacts at Vodafone Idea. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Sangli Wind Energy?
Sangli Wind Energy was acquired by Vodafone Idea, based in Germany. The deal was reported on May 19, 2025. Vodafone Idea is a major telecom company in India, facing financial challenges and striving to revitalize its operations and network. Vodafone Idea is privately held and operates in Telecommunications.
When did Vodafone Idea acquire Sangli Wind Energy?
Vodafone Idea's acquisition of Sangli Wind Energy was reported on May 19, 2025. Vodafone Idea has acquired a 26% stake in Sangli Wind Energy for Rs 31.2 lakh. This special purpose vehicle is designed to own and operate a captive power plant. Following the acquisition, Sangli Wind Energy will now become an associate of Vodafone Idea. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Sangli Wind Energy do?
Sangli Wind Energy is a special purpose vehicle created to own and operate a captive power plant. The company is focused on renewable energy and contributing to sustainable power generation in India. It is privately held, operating in Energy, and is based in Maharashtra.
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