CRISIL to Acquire Bridge To India Energy Pvt. Ltd. in Strategic Move
The acquisition will enhance CRISIL’s positioning in the renewables and new energy sector.
Strategic CRISIL Deal
CRISIL, an S&P Global company, has recently announced that it will acquire Bridge To India Energy Private Limited, a leading renewable energy consulting and knowledge services provider to financial and corporate clients worldwide. Bridge To India offers its clients a 360-degree view of the renewable energy market through deep domain expertise and a comprehensive set of databases and tools.
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According to Amish Mehta, Managing Director & CEO of CRISIL, sustainability and climate change have become increasingly important to clients worldwide. The acquisition of Bridge To India, with its positioning and expertise in the renewable energy sector, will enhance CRISIL’s offering of sustainability services and decarbonization. The acquisition is part of CRISIL’s commitment to sustainable growth.
Vinay Rustagi, Managing Director of Bridge To India, commented that the company has built its vantage in the renewables sector over the past decade with strong research coverage and market connections. Being part of CRISIL will further enhance the value of its offerings to clients through the adoption of global best practices.
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The acquisition is expected to close in the next three months, subject to applicable regulatory approvals and other customary conditions. The move is seen as a strategic one by CRISIL to expand its presence in the renewable energy sector and offer a comprehensive range of sustainability services to its clients.
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