Inox Green Energy Services Limited (INOXGREEN)
Press Release
Inox Green completed payment for transfer of Wind World India's 4.5 GW Wind O&M business via subsidiary Vibhav Energy Pvt Ltd. Total consideration was ₹550 crore inclusive of taxes. Wind World’s O&M portfolio had ₹580 crore revenue in FY26 with 5% annual price escalation. Inox Green will own 75% stake in Vibhav Energy post-transfer, enabling consolidation. The acquisition boosts Inox Green’s O&M portfolio to ~13.3 GWp as of June 2026, targeting 20 GW+ capacity soon. Transaction multiple approx. 2x EBITDA post-synergies.
Source: Original filing PDF
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