business ⚡ Inox Clean bags BlackRock-owned Vena Energy for ₹6,000 Cr
Inox Clean Energy completed the acquisition of Vena Energy India’s renewable platform for approximately ₹6,000 crore. This involved Vena Energy India Holdings Pte Ltd, part of BlackRock-owned GIP, and was finalized in just two months. The deal adds 1 GW of operational capacity and 1.7 GW of solar and wind capacity to Inox Clean’s holdings. Post-acquisition, Inox Clean’s portfolio is expected to hit 4 GW, with over 12 GW in the pipeline. This move boosts Inox Clean's aggressive growth strategy in the renewable energy market. ⚡