05:32 AM EDT, 10/09/2026 (MT Newswires) -- Aditya Birla Renewables is in talks with Indian banks for $1.5 billion in long-term loans to help finance its $1.8 billion deal to buy Solenergi Power from Shell (SHEL.L, SHELL.AS), Reuters reported Friday, citing three bankers aware of the discussions. The sources reportedly said Aditya Birla Group's renewable-energy arm reached out to various Indian lenders, including the State Bank of India and HDFC Bank, for the potential long-term, Indian rupee-denominated loans, which would avoid a costlier bridge financing facility of $1.6 billion secured from MUFG Bank. Aditya Birla Renewables, Shell, SBI, HDFC, and MUFG 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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