Inox Clean Energy acquires 300 MW solar assets for $111mn from SunSource
Inox Clean Energy acquires 300 MW of solar assets for $111mn from SunSource Energy, a subsidiary of SHV Energy, as it prepares a new public listing following the withdrawal of its previous IPO plan.
| Countries | Inde |
|---|---|
| Sector | Énergie Solaire |
| Theme | Investissements & Transactions |
Inox Clean Energy has signed a definitive agreement to acquire a 300-megawatt (MW) solar portfolio from SunSource Energy, the Indian subsidiary of Dutch group SHV Energy. The transaction is valued at ₹1,000 crore ($111mn), according to sources familiar with the matter, as the company prepares to file a new IPO prospectus after suspending an earlier ₹6,000 crore ($667mn) listing.
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