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The Economic Times

Economy / The Economic Times

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Inox Clean Energy raises 3,400 crore from NaBFID to refinance Vibrant Energy debt

INOX Clean Energy is securing a 3,400 crore, 20-year loan from NaBFID to refinance debt post-acquisition of Macquarie's Vibrant Energy. This loan, priced between 8-8.50%, will be secured by seven solar, wind, and hybrid projects with long-term PPAs. The move aims to retire expensive debt and reduce the company's equity component.

29 Jan 2026 12:49 am