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IndiGrid to Acquire Virescent Renewable Energy Trust for ₹40 Billion

The sale attracted participation of several global investors

May 15, 2023

/ Gourav Mishra
/ Finance and M&A, Solar
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Renewables-focused infrastructure investment trust (InvIT) Virescent Renewable Energy Trust (VRET) said it has signed definitive agreements under which IndiGrid will acquire all units of Virescent for up to ₹40 billion (~$487 million).

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Gourav Mishra

More articles from Gourav Mishra.
AcquisitionIndiGridinvestmentRenewableTrustVirescent
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