Crisil Acquires 'Bridge To India' To Move In Renewable Energy Sector

In a strategic move into the renewable energy sector, Crisil, a subsidiary of S&P Global has formalised a definitive agreement for the acquisition of Bridge To India Energy ('Bridge To India')

Notably, Bridge To India provides renewable energy consulting and services. Amish Mehta, Managing Director and CEO, Crisil expressed how global clients are increasingly focusing on sustainability and climate change. The addition of Bridge To India, known for its expertise in this domain, will bolster the suite of services encompassing sustainability and decarbonisation.

Vinay Rustagi, Managing Director, Bridge To India commented that his firm has established a strong foothold in the renewable energy sector backed by over a decade of consultancy expertise, extensive research coverage, and robust market connections. 

"Joining forces with CRISIL will amplify the value that is offered to their clients by integrating global best practices," he added. The acquisition is expected to close in the next three months.