Waaree Energies on Friday said it has inked a share purchase agreement to acquire entire equity stake in Enel Green Power India Pvt (EGPIPL) for a consideration of up to Rs 792 crore. The seller is one of Europe's largest renewable energy companies, and the EGPIPL is its Indian business, a regulatory filing stated. Waaree Energies Ltd has entered into a Share Purchase Agreement (SPA) with Enel Green Power Development S.r.l (Seller) on January 10 to acquire 100 per cent of the share capital of EGPIPL for a total amount of upto Rs 792 crore, subject to customary closing adjustments, according to the filing. The EGPIPL owns solar and wind projects in India which includes about 640 MWAC (760 MWDC) operational and portfolio under development. The operational portfolio includes projects jointly owned with a partner where the majority equity stake is with EGPIPL. Further, pursuant to the acquisition of shares, EGPIPL will become a subsidiary of Waaree Energies. The acquisition will dive