06:47 AM EDT, 07/14/2026 (MT Newswires) -- Aditya Birla Group secured a $1.5 billion five-year loan from Mitsubishi UFJ Financial Group to fund its acquisition of Shell's (SHEL.L, SHELL.AS) clean energy business in India, Bloomberg reported Tuesday, citing people familiar with the matter. The Japanese lender has solely underwritten the facility for the Indian conglomerate's renewable energy platform, Aditya Birla Renewables, at an all-in cost of 160 basis points over the Secured Overnight Financing Rate, according to the report. The British oil and gas giant on Monday agreed to sell Solenergi Power Private, which includes its Indian renewables unit Sprng Energy, to Aditya Birla Renewables for $1.8 billion. Shell, Aditya Birla and Mitsubishi UFJ Financial Group did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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