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Morgan Stanley, MUFG start $1 bn Vena India sale process

Hindustan Times Jammu

October 15, 2025

Morgan Stanley and Mitsubishi UFJ Financial Group (MUFG) have begun the sale process for Global Infrastructure Partners (GIP)-owned Vena Global Group Pte Ltd’s Indian renewable energy platform, Vena Energy India, ina deal having an enterprise value of around $1 billion, according to two people familiar with the development.

- Utpal Bhaskar

Morgan Stanley, MUFG start $1 bn Vena India sale process

The deal comes amid a steady flow of global capital into India's renewable market. AFI

(AFI)

The deal comes amid a steady flow of global capital into India’s renewable energy market.

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