Inox Clean Energy completes ₹5,000 crore acquisition
pre-market1 source ↓written by the desknot a recommendation
- enterprise value
- ₹5,000 crore
- across various states
- 1,337 MW
- of installed capacity
- 10 GW
Inox Clean Energy has successfully completed the acquisition of Vibrant Energy for an enterprise value of ₹5,000 crore. This strategic move enhances its position in the renewable energy sector, adding a diversified portfolio of 1,337 MW across various states and securing long-term power purchase agreements.
The acquisition aligns with Inox Clean's goal to achieve 10 GW of installed capacity by FY28, reinforcing its integrated renewable platform amid challenging global M&A conditions.
Not investment advice. For informational purposes only.