BlackSoil is acquiring Credit Fair’s solar financing business as part of its move into the renewable energy sector, according to multiple reports. The transaction covers Credit Fair’s management team, solar-related technology, brand, and operating infrastructure. Credit Fair’s solar financing portfolio has assets under management (AUM) of ₹152.6 crore, and it operates across 20 or more states. The business is described as working with major solar companies, indicating an existing partner network in the solar industry. While specific financial terms of the acquisition are not detailed in the provided reports, both sources describe the deal as an acquisition of Credit Fair’s solar financing operations rather than a broader company-wide purchase. After the acquisition, BlackSoil is expected to integrate the acquired team, capabilities, and customer or partner-facing functions associated with Credit Fair’s solar financing business. The reports present the transaction as a strategic entry point for BlackSoil into renewable energy financing through established assets and nationwide operations.