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Laurus Labs to Buy Solar Via Open Access in Captive Mode from Vibrant Energy

Laurus Labs to acquire a 26% stake in SPV Ethan Energy for ₹39 million

November 28, 2022

/ Arjun Joshi
/ Finance and M&A, Solar
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Pharmaceutical and biotechnology company Laurus Labs has acquired 26% equity shares in Ethan Energy, a special-purpose vehicle (SPV) of Vibrant Energy Holdings, for ₹39 million (~$477,744).

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Arjun Joshi

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AcquisitionEthan energyLaurus labsSolarVibrant
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