
Sprng Energy
Sprng Energy was a renewable energy platform that operated solar and wind projects for commercial and industrial customers.
- Acquired
Actis established Sprng Energy as a renewable energy platform to develop solar and wind capacity in India. The platform developed and operated solar photovoltaic and onshore wind projects to supply clean power to commercial and industrial customers, focusing on utility-scale assets with long-term power purchase agreements ensuring stable off-take.
Sprng Energy managed a portfolio emphasizing grid stability and storage integration to meet India's aggressive renewable targets, and the platform supplied power to electricity distribution companies via long-term PPAs at competitive tariffs.
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Quick Facts
Who are Sprng Energy's competitors?
Companies similar to Sprng Energy include Econergy, Verbio, Grenergy Renovables and Aksa Enerji.
When was Sprng Energy founded?
Sprng Energy was founded in 2017.
Where is Sprng Energy's headquarters located?
Sprng Energy's headquarters is located in Pune, Maharashtra, IN.
How much disclosed funding has Sprng Energy raised?
As of Jul 12, 2026, Sprng Energy has disclosed funding of $451M (USD). Undisclosed round amounts are excluded.
Classification
- Industry
- Technology
- Revenue
- Customer
- Tags
- Headquarters
- Pune, Maharashtra, India
- NAICS
- 221100Electric Power Generation, Transmission and Distribution
- 221110Electric Power Generation
- 221114Solar Electric Power Generation
- 221115Wind Electric Power Generation
- SIC
- 4910Electric Services
- 4911Electric Services
- Industry
- —Renewable Energy Companies
- —Wind Energy Companies