Energy exchange IEX on Friday said it will acquire a 10 per cent stake in Enviro Enablers India Private Limited.
The association will fulfil IEX’s commitment towards sustainability and decarbonisation in line with India’s net zero commitments, Indian Energy Exchange (IEX) said in a BSE filing.
“IEX entered into a share subscription agreement and shareholders’ agreement with Enviro Enablers India Private Limited (EEIPL) to acquire a 10 per cent stake in the company through compulsory convertible preference shares (CCPS),” it said.