KPI Green Energy offers to acquire 507.9 MW wind portfolio for Rs. 2,410 Crores
As filed · KPI Green Energy Limited has informed the Exchange about proposed Acquisition. The Disclosure is attached herewith.
What happened
FactKPI Green Energy Limited entered into a binding offer dated September 29, 2026 to acquire 100% of the equity and equity-like instruments of Alfanar Energy Private Limited and Netra Wind Private Limited. The targets own operating wind assets in Bhuj, Gujarat, with aggregate capacity of 507.9 MW; completion remains subject to definitive documents and required approvals.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Scale
- 121.1% of FY26 revenue
₹2,410 Cr stated in the filing against ₹1,989.5 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
Withdrawnthe growth we have committed for the 30% to 40% year-on-year, that is something that which we will be able to maintain.
I expect that in the upcoming quarters, you will see the full benefit of the plant.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- So, I think after March '27, we will have 1.7. (management committed by FY27)
- 10+ GW Ambitious group capacity target by 2030 (management committed by FY30)
Evidence
- KPI Green Energy Limited has informed the Exchange about proposed Acquisition. The Disclosure is attached herewith.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- The proposed acquisition would add operating wind assets with 507.9 MW of capacity to KPI Green Energy's renewable energy portfolio. The transaction is sizeable at an enterprise value of Rs. 2,410 Crores, but remains conditional on approvals and definitive documentation.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%