Inox Green to Divest its Full Stake in Nani Virani Wind Energy SPV

The 50 MW wind farm divestment will boost Inox Wind's O&M potential

October 10, 2023

/ Staff
/ Finance and M&A, Other
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Inox Green Energy Services (IGESL), an Inox Wind subsidiary, has signed a term sheet to divest its 100% stake in Nani Virani Wind Energy, a special purpose vehicle operating a 50 MW wind farm in Gujarat, aiming to cut its debt and enhance profitability.

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Staff

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DivestmentIGESLINOXRenewable EnergyWind Energy
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