Economic TimesLean R·
Inox readies Rs 2,500 cr Athena Renewables bet
Privately held Inox Clean Energy is close to acquiring Athena Renewables from UK-based fund Actis for an enterprise value of Rs 2,500 crore, people familiar with the matter said.The transaction is nearing conclusion, with both sides having reached an in-principle agreement, they said.There were multiple contenders for Athena, including independent power producers and private equity firms.133895562Inox Clean Energy operates in two related businesses—renewable power generation and solar equipment…
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