Aditya Birla Renewables taps MUFG for $1.5 billion to fund Shell asset buy

Aditya Birla Renewables is securing significant acquisition financing. Mitsubishi UFJ Financial Group is providing $1.5 billion for this deal. This funding will support the purchase of Shell's renewable energy assets. The loan facility has a five-year tenor and is priced competitively. This transaction highlights growing Japanese lender involvement in Indian acquisitions.