Inox Green to acquire majority stake in independent wind service provider
Inox Green Energy Services on Monday said it will acquire a majority stake in an independent wind service provider that operates majorly in South India with a 230+MW fleet.
However, the company did not disclose the value of the transaction and the name of the target company.
The transaction is subject to certain regulatory and other customary closing conditions and is expected to conclude by the end of January 2023, a company statement said.
