Inox Clean Energy Acquires Vibrant Energy for Rs 5,000 Crore, Boosts Renewable Portfolio

• Inox Clean Energy completed the acquisition of Vibrant Energy from Macquarie Corporate Holdings Pty Limited and other shareholders.
• The acquisition was valued at an enterprise value of Rs 5,000 crore and finalized in a record four months.
• Vibrant Energy is a diversified renewable energy independent power producer with a 1,337 MW portfolio across multiple states.
• Vibrant's portfolio includes long-term Power Purchase Agreements (PPAs) with major clients like Amazon, Sify, and Coca-Cola.
• This acquisition strengthens Inox Clean's integrated renewable energy platform, targeting 10 GW IPP capacity by FY28.