Inox Clean Energy Bags ₹3,100 Crore Funding Ahead Of IPO
Published on: Jan. 7, 2026, 2:39 p.m. | Source: Free Press Journal
Inox Clean Energy raised Rs 3,100 crore by diluting about 5.8% equity to global and domestic investors, including CalPERS. The capital will be deployed to scale renewable power and solar manufacturing capacity to 10 GW by FY28. The fundraising comes ahead of the company’s proposed IPO, expected to seek Rs 6,000–10,000 crore.
