In Short : Inox Clean Energy has raised ₹3,400 crore from the National Bank for Financing Infrastructure and Development to refinance the existing debt of its subsidiary, Vibrant Energy. The funding will strengthen the company’s financial position, reduce cost of capital, and support long-term growth in India’s renewable energy sector. In Detail : Inox Clean […]
In Short : Inox Clean Energy has raised ₹3,100 crore through an equity infusion, valuing the company at ₹50,000 crore. The fundraising marks a significant milestone for the renewable energy platform and will support its expansion across large-scale clean power projects. The deal underscores strong investor confidence in India’s growing renewable energy sector. In Detail […]
In Short : Inox Clean Energy is reportedly in advanced talks to acquire 650 MW of renewable energy projects from Evergreen. The move will significantly expand Inox’s clean energy portfolio and strengthen its presence in the renewable sector. This acquisition aligns with India’s growing push for sustainable power generation and Inox’s strategy to scale up […]
In Short : Five companies, including ICICI Prudential AMC and INOX Clean Energy, filed IPO papers with SEBI last week. ICICI Prudential plans a ₹10,000 crore offer-for-sale, while INOX aims to raise ₹6,000 crore through a mix of fresh issue and OFS. Other filers include Orient Cables, Aggcon Equipments International, and Kiaasa Retail, targeting varied […]
In Short : INOX Clean Energy has filed a confidential draft red herring prospectus (DRHP) with SEBI for a proposed ₹6,000 crore initial public offering. The funds will support expansion and clean energy initiatives. Backed by the INOXGFL Group, the company focuses on green hydrogen and renewable energy. The IPO marks a significant step in […]