Full circle: Three years after it sold Sprng to Shell, Actis wants to buy it back

General Atlantic owned Actis Llp is interested in buying back Sprng Energy group from Shell Plc in a deal having an enterprise value of around $1.55 billion, two people aware of the matter said. If Actis indeed acquires Sprng, the deal would mark a full circle for the company, which had sold Sprng Energy to Shell three years ago at an enterprise value of $1.55 billion. Sprng Energy has 2.3 gigawatt (GW) of operational renewable energy projects, and 5GW in the pipeline. Other interested prospective bidders ...