Inox Clean Energy Enters Deal to Acquire Vibrant Energy’s 1,337 MW Portfolio

Written by: Team Angel OneUpdated on: 22 Dec 2025, 5:11 pm IST

Inox Clean Energy has signed definitive agreements to acquire Vibrant Energy’s 1,337 MW renewable portfolio from Macquarie and other shareholders.

Inox Clean Energy Ltd has entered into definitive agreements with Macquarie Corporate Holdings Pty Ltd and other shareholders to acquire Vibrant Energy, a diversified renewable energy independent power producer in India, as per news reports.

Transaction Details and Portfolio Overview

As per news reports the deal is estimated at around ₹5,000 crore. Inox Clean Energy said the acquisition covers Vibrant Energy’s total portfolio of 1,337 MW, of which 800 MW is already operational.

The assets are spread across several states, including Madhya Pradesh, Maharashtra, Karnataka, Telangana and Andhra Pradesh.

Vibrant Energy has long-term power purchase agreements with major commercial and industrial customers, including global multinational corporations, with an average contract tenure of around 20 years.

Strategic Significance and Growth Plans

INOXGFL Group Executive Director Devansh Jain said, “The acquisition will aid Inox Clean’s journey to scale up its renewable power generation capacity. With this and other acquisitions nearing closure, Inox Clean is on course to reach its targeted RE installed capacity of 3 GW by FY26-end, making it the fastest company to do so in India.”

He added that Inox Clean aims to achieve a renewable installed capacity of 10 GW by FY28.

Conclusion

The acquisition significantly accelerates Inox Clean Energy’s capacity expansion roadmap and strengthens its position in India’s commercial and industrial renewable power segment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Dec 22, 2025, 11:41 AM IST

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