Nebras Power Investment Management B.V. signed a Sale & Purchase Agreement to acquire a 24% stake in Unique MeghnaGhat Power Ltd from Unique Hotel & Resorts Limited (DSE:UNIQUEHRL) and Strategic Finance Limited for BDT 4.5 billion on April 15, 2021. Under the agreement, Nebras will acquire 14, 641 number of ordinary shares (face value of the share is BDT 10 per share and the total value of BDT 146,410) which is 11.76% of Unique MeghnaGhat Power's paid-up shares in Unique Meghnaghat Power in exchange of total BDT 2,006,990,000 ($24,068,800) as a premium to be executed by 1st, 2nd 3rd and 4th closing. The remaining stake will be acquired from Strategic Finance Limited.

UHRL and SFL will jointly control a 56% equity share in Unique Meghnaghat Power Limited, while the remaining equity will be controlled by UHRL, SFL and GE. The transaction is subject to regulatory approval.