Vena Energy India Acquired by Inox Clean Energy | Energy M&A Deal

Inox Clean Energy has completed the acquisition of Vena Energy India, a renewable energy business in India, for about $750 million. Inox Clean Energy acquisitions expand the buyer’s renewable energy platform by bringing in Vena Energy India’s 6 GW portfolio across Gujarat, Maharashtra, Madhya Pradesh, Karnataka, Andhra Pradesh, and Telangana. Vena Energy India’s assets include 1.2 GW of operational renewable energy, 1.8 GW of advanced-stage projects nearing commissioning, and 3 GW of development-stage projects, supporting a strategic acquisition pipeline. The energy M&A is structured as a platform acquisition by a strategic buyer, with deal value near ₹6,000 crore and an announced status.