HICL and Renewables Infrastructure Merger to Create £5.3B Investment Powerhouse

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Next Steps: The Road to Completion

The deal still requires a cascade of approvals, including:

  • Shareholder votes at December general meetings

  • Foreign direct investment clearance

  • Additional unspecified regulatory approvals

Both boards have already pledged to vote in favor. If all hurdles are cleared, the merger is expected to close by March 2025.