NIIF in talks with Temasek as $1.7 billion Sprng Energy deal race heats up

Published on 24 April 2026

Three bidders are pushing for binding offers soon

NIIF is reportedly in talks with Temasek for a potential $1.7 billion acquisition of Sprng Energy, intensifying a competitive sale process. Along with NIIF and Temasek, Actis, the AV Birla Group, and KKR are also in the fray. Binding bids are expected in the coming days, setting up a high-stakes race for the renewable power asset.

NIIF is reportedly negotiating with Temasek for Sprng Energy
The deal size is estimated at about $1.7 billion
Actis, AV Birla Group and KKR are also competing
Binding bids are expected soon

#sprng energy #m and a #temasek #renewables #niif

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

NIIF in talks with Temasek as $1.7 billion Sprng Energy deal race heats up

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