Inox Clean Energy Limited has acquired Vibrant Energy for approximately Rs 5,000 crore, enhancing its renewable energy portfolio. The acquisition includes Vibrant's 1,337 MW energy assets under long-term Power Purchase Agreements with major clients like Amazon and Coca-Cola. This strategic move positions Inox Clean to strengthen its presence in the growing commercial and industrial segment. The deal is expected to boost Inox Clean Energy's market share and increase its competitiveness in the renewable energy sector. The acquisition is a material step for Inox Clean Energy, as it expands its portfolio and reinforces its commitment to renewable energy. The long-term Power Purchase Agreements with prominent clients will provide a stable revenue stream for Inox Clean Energy.