JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited ("the Company"), has completed the acquisition of 4.7 GW renewable energy ("RE") platform from O2 Power Pooling Pte. Ltd. ("O2 Power"), a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at an enterprise valuation of approximately ₹12,468 crores, after adjustments under the share purchase agreements. The Company will have a steady state EBITDA generation of ₹1,500 crores from 2,259 MW capacity (likely to be operational by June 2025). Additionally, ~₹13,500 crores of capital expenditure will be incurred to reach 4,696 MW of capacity by June 2027, at which stage it will have a steady state annualised EBITDA of ₹3,750 crores. As of FY 2025, O2 Power's installed capacity stands at 1,343 MW. Consequently, JSW Energy's proforma FY 2025 installed capacity stands at 12,212 MW, with RE capacity accounting for 6,554 MW (~ 54% of total).