Inox Green Energy Services to acquire majority stake in -Fox Windtechnik India
Capital MarketInox Green Energy Services has entered into a definitive investment agreement with I-Fox Windtechnik India, an Independent O&M Wind Service Provider (target company), to acquire a majority stake in share capital of the Target Company. The target Company has a fleet of 230+MW majorly operating in South India. With this acquisition, the Company enters into the multi-brand OEM Wind Turbine O&M business.
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