Waaree Energies Ltd Strengthens Renewable Energy Portfolio by Acquiring 100% Stake in Sunbreeze Ninth Cloud

Waaree Energies Limited announced the execution of a definitive share purchase agreement wherein its wholly owned subsidiary, Waaree Forever Energies Pvt Ltd, will acquire the entire equity share capital of Sunbreeze Ninth Cloud Private Limited.

This acquisition is aligned with Waaree’s expansion strategy in the renewable energy sector, enhancing its position as a leading player in solar and green energy projects. The transaction, subject to usual closing conditions, is expected to be completed by November 30, 2025, or a mutually agreed later date.

Sunbreeze Ninth Cloud provides Waaree with increased operational scope and facilitates the company’s ambition to diversify and scale its renewable energy portfolio. This move further strengthens Waaree’s commitment to sustainable energy solutions and reinforces its capability to deliver large-scale solar projects.

Management anticipates the acquisition to create significant value for shareholders while advancing Waaree’s vision of emerging as a dominant integrated renewable energy company.

Key Highlights:

Waaree Forever Energies Pvt Ltd to acquire 100% stake in Sunbreeze Ninth Cloud Pvt Ltd.

Share purchase agreement executed; completion expected by November 30, 2025.

Deal strengthens Waaree’s renewable energy portfolio and market position.

Supports expansion in solar and green energy projects.

Aligns with Waaree’s long-term sustainable growth strategy.

Expected to enhance shareholder value and operational capabilities.

Sources: NSE India official announcement, Moneycontrol, Business Standard, ScanX Trade