Inox Clean Energy completes ₹6,000 crore acquisition
after close1 source ↓written by the desknot a recommendation
- acquisition of Vena
- ₹6,000 crore
- of operational capacity
- 1 GW
- of solar
- 12 GW
- of battery energy
- 2.5 GWh
- capacity
- 4 GW
Inox Clean Energy has successfully completed its ₹6,000 crore acquisition of Vena Energy India, enhancing its renewable energy portfolio. This acquisition adds 1 GW of operational capacity and expands its development pipeline to over 12 GW of solar and wind projects, along with 2.5 GWh of battery energy storage systems (BESS).
This strategic move positions Inox Clean Energy to significantly scale its operational capacity to nearly 4 GW, reinforcing its commitment to renewable energy growth.
Not investment advice. For informational purposes only.