Inox Green Energy Services Limited agreed to acquire 51% stake in I-Fox Windtechnik India Private Limited on February 1, 2023. Consideration is in the form of cash consideration and consideration other than cash. Inox Green Energy Services Limited (NSEI:INOXGREEN) reported a Turnover of 216.3 million in FY 2021-22. The transaction is expected to complete in 3 months.

Inox Green Energy Services Limited completed the acquisition of 51% stake in I-Fox Windtechnik India Private Limited on February 24, 2023. The core team consisted of Akshay Malhotra and Gahan Singh of Khaitan & Co advises Inox Green Energy Services Ltd in relation to acquisition of majority stake in I-Fox Windtechnik.