KPI Green Energy to buy 507.9 MW of wind assets from Alfanar for ₹2,410 crore

What happened

• KPI Green Energy announced it will acquire the whole of Alfanar Energy and Netra Wind.
• The two companies have 507.9 MW of wind capacity between them: 301.4 MW and 206.5 MW.
• The deal is valued at an enterprise value of ₹2,410 crore, payable in cash, and is expected to complete by 28 February 2027.
• The shares closed at ₹357.80, down 3.62%, after trading higher earlier in the session.

Why it matters

Good to know: Enterprise value is the value of a business including its debt, not just its shares. MW (megawatt) is the plant's power output.

Key facts

Target

Alfanar Energy and Netra Wind (100%)

Capacity

507.9 MW (301.4 + 206.5)

Enterprise value

₹2,410 crore, cash

Expected completion

By 28 February 2027

Read the source

• KPI Green Energy gains 4% after ₹2,410 crore wind asset acquisitionBusiness Standard
• KPI Green Energy to acquire Alfanar Energy and Netra Wind for ₹2,410 croreFree Press Journal
• KPI Green to add 507.9 MW wind capacity in ₹2,410 cr dealBW Businessworld

KPI Green Energy in the news before

1. 30 SEP 2026 · EVENING · ORDERSNACOF Oorja hands KPI Green Energy a ₹2,025 crore solar plant contract