Continuum Green to acquire remaining 26% stake from CEIL

Continuum Green Energy Holdings will acquire the remaining 26% stake from Clean Energy Investing (CEIL), marking Morgan Stanley Infrastructure Partners’ exit after a decade. This acquisition consolidates control under founders Vikash Saraf and Arvind Bansal ahead of Continuum’s planned ₹3,650 crore IPO. The IPO proceeds will be used for debt repayment, general corporate purposes, and investments in subsidiaries.