Singapore’s Keppel buys Shell’s 49% stake in Cleantech Solar for $200mn, plans to flip company for $400mn

Keppel Ltd has acquired Shell's 49% stake in Cleantech Solar for approximately $200 million, gaining full control of the company. Keppel plans to exit Cleantech for $400 million, building on its existing 51% ownership. This is the latest corporate action in India's busy green energy sector.

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