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The Economic Times
The Economic Times
Business

Inox Clean Energy completes Rs 6,000 crore acquisition of BlackRock-owned GIP's Vena Energy India

BlackRock Renewable Energy

New Delhi: Inox Clean Energy on Tuesday said it has completed the acquisition of BlackRock-owned GIP's Vena Energy India Holdings Pte Ltd, Vena Group's India renewable energy platform, for a total transaction value of about Rs 6,000 crore.

The transaction represents one of the fastest signing-to-execution deals in the renewable energy sector, having been completed within two months, despite involving multiple stakeholders and financing partners, according to a company statement.

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