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Inox Clean Energy to buy Vena Energy's 6 GW RE portfolio
Financial Express Mumbai
|June 05, 2026
INOX CLEAN ENERGY, part of the INOXGFL Group, on Thursday said it has signed an agreement to acquire Vena Energy’s 6 GW renewable energy portfolio.
While the company did not disclose the deal size, sources said the enterprise valuation of the transaction is around ₹6,000 crore. Vena’s portfolio comprises 1.2 GW of operational renewable energy assets, 1.8 GW of projects at an advanced stage of development and nearing commissioning, and an additional 3 GW of development-stage projects.
The portfolio includes long-term power offtake arrangements with state-owned entities, including the Solar Energy Corporation of India (SECI) and Gujarat Urja Vikas Nigam Ltd (GUVNL).
The portfolio also includes a diversified mix of commercial and industrial (C&I) consumers and state distribution companies.
यह कहानी Financial Express Mumbai के June 05, 2026 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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