Home - Trading - Reliance New Energy, a subsidiary of RIL, has finalized its acquisition of the remaining shares in Faradion. TradingReliance New Energy, a subsidiary of RIL, has finalized its acquisition of the remaining shares in Faradion. 30 October 2024 RNEL, previously called Reliance New Energy Solar, announced in December 2021 that it would acquire Faradion for an Enterprise Value of £100 million. Share this:FacebookXLike this:Like Loading... Related