Waaree Energies Completes $30 Million U.S. Solar Share Acquisition

WAAREE Energies Limited ( (IN:WAAREEENER) ) has shared an announcement.

Waaree Energies Limited, via its wholly owned U.S. subsidiary Waaree Solar Americas Inc., has completed the acquisition of 5,368,551 Series B preferred shares of United Solar Holding Inc. for about USD 30 million. The deal, which the company disclosed to Indian stock exchanges, strengthens Waaree’s international footprint in solar assets and underscores its strategy of scaling overseas operations through targeted investments.

The acquisition completion, formally communicated after market hours in India, marks a follow-through on an earlier transaction announcement from December 2025. By deepening its stake in United Solar Holding Inc., Waaree aims to enhance its positioning in key overseas solar markets, which could have implications for long-term growth and diversification beyond its domestic base.

More about WAAREE Energies Limited

Waaree Energies Limited is an India-based solar energy company focused on manufacturing and supplying photovoltaic products and solutions. Through its subsidiaries, it is expanding its presence in international markets, including the Americas, as part of its broader strategy to grow its global solar portfolio and capabilities.

Average Trading Volume: 120,811

Technical Sentiment Signal: Strong Sell

Current Market Cap: 784B INR

See more data about WAAREEENER stock on TipRanks’ Stock Analysis page.