Acquiring Company
Inox Clean Energy
Acquired Company
Vena Energy India Holdings Pte Ltd
NoidaIndiaManufacturingEnergyRenewable EnergyEnergyRenewable EnergyBiomass EnergyDescription
Inox Clean Energy has completed the acquisition of Vena Energy India Holdings Pte Ltd for ₹6,000 crore. The deal is notable for its rapid execution, finalized within two months despite involving various stakeholders. This acquisition will enhance Inox Clean's operational capacity to about 4 GW and expand its development pipeline significantly. The transaction underscores Inox Clean's strong financing capabilities in the renewable sector.
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Based on deal dataFrequently asked
Who acquired Vena Energy India Holdings Pte Ltd?
Vena Energy India Holdings Pte Ltd was acquired by Inox Clean Energy, based in Noida. The deal was reported on August 18, 2026. Inox Clean Energy is a privately held subsidiary of the INOXGFL Group. The company focuses on manufacturing solar cells and modules and is engaged in captive hybrid power production. Inox Clean Energy is privately held and operates in Manufacturing.
When did Inox Clean Energy acquire Vena Energy India Holdings Pte Ltd?
Inox Clean Energy's acquisition of Vena Energy India Holdings Pte Ltd was reported on August 18, 2026. Inox Clean Energy has completed the acquisition of Vena Energy India Holdings Pte Ltd for ₹6,000 crore. The deal is notable for its rapid execution, finalized within two months despite involving various stakeholders. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Vena Energy India Holdings Pte Ltd do?
Vena Energy India Holdings Pte Ltd is a renewable energy platform operated by GIP (Global Infrastructure Partners) under the Vena Group. The company focuses on developing and managing renewable energy projects including solar and wind. It is privately held, operating in Energy, and is based in India.