Inox Clean Energy acquires 1,337 MW Vibrant Energy portfolio
after close1 source ↓written by the desknot a recommendation
- of Vibrant Energy's
- 1,337 MW
- renewable portfolio
- ₹5,000 crore
Inox Clean Energy has completed the acquisition of 1,337 MW of Vibrant Energy's renewable portfolio for ₹5,000 crore. This move strengthens its foothold in the commercial and industrial (C&I) segment, backed by long-term Power Purchase Agreements (PPAs) with major clients like Amazon and Coca-Cola.
The acquisition enhances Inox's renewable energy capacity across multiple states, potentially boosting its market position and attracting further investments in the growing green energy sector.
Not investment advice. For informational purposes only.