Inox Green closes wind O&M purchase as CIP and Pacolet advance bioenergy projects
Inox Green Energy Services paid ₹550 crore to acquire Wind World India’s wind operations and maintenance business, which covers about 4.5 GW of installed capacity. Copenhagen Infrastructure Partners approved an Italian biomethane platform with 20 projects expected to produce around 1 TWh annually. Pacolet Milliken bought Georgia Renewable Power, adding 116 MW of biomass generation tied to long-term contracts with Georgia Power.
EXPANDED:
Inox Green paid ₹550 crore through Vibhav Energy on October 6 under an NCLT-approved plan for Wind World India’s O&M unit. The business serves about 4.5 GW and earned roughly ₹580 crore in FY2026, with clients including Tata, ReNew, Greenko, Apraava and Hindustan Zinc. Inox will hold 75% of Vibhav after conditions close, lifting its O&M portfolio to about 13.3 GWp.
CIP approved Via Verde, its first Advanced Bioenergy Fund II investment, covering 20 Italian biomethane projects in Lombardy, Abruzzo, Campania and elsewhere. Each plant may process 60,000–100,000 tonnes of agricultural waste yearly; the portfolio targets about 1 TWh annually, comparable to gas use of roughly 60,000 Italian homes. Pacolet Milliken bought Georgia Renewable Power’s 116 MW biomass plants in Franklin and Madison counties, selling power to Georgia Power under long-term contracts.
Count? First para: Inox(1) Green2 paid3 ₹5504 crore5 through6 Vibhav7 Energy8 on9 October10 6? "6" maybe 11 under12 an13 NCLT-approved14 plan15 for16 Wind17 World18 India’s19 O&M20 unit21. The22 business23 serves24 about25 4.5? 26 GW27 and28 earned29 roughly30 ₹58031 crore32 in33 FY2026,34 with35 clients36 including37 Tata,38 ReNew,39 Greenko,40 Apraava41 and42 Hindustan43 Zinc44. Inox45 will46 hold47 75%48 of49 Vibhav50 after51 conditions52 close,53 lifting54 its55 O&M56 portfolio57 to58 about59 13.3?60 GWp61. First ~61. Second: CIP1 approved2 Via3 Verde,4 its5 first6 Advanced7 Bioenergy8 Fund9 II10 investment,11 c