Inox Wind's EPC Projects Arm, Resco Global, Completes Rs. 350 Crore Equity Raise
Inox Wind Ltd., a leading wind energy solutions provider, announced that its EPC Projects subsidiary, Resco Global Wind Services Pvt. Ltd., has completed a Rs. 350 crore equity raise. The funds were raised from marquee investors including Valrado Venture Partners Fund IT, Anchorage Capital Scheme I, JM Financials Products Limited, Founders Collective Fund One, Up Financial Consultants Pvt. Ltd., Authum Investments & Infrastructure Ltd., and Capri Global Holdings Private Limited. Inox Wind Limited is a part of the US$ ~ 10 BN INOXGFL Group and offers end-to-end wind energy solutions from concept to commissioning to O&M. It has a strong promoter backing, healthy balance sheet, robust stakeholder relationships, and bright macro prospects, making it poised for growth and profitability.
Key Highlights
- Resco Global Wind Services Pvt. Ltd., an EPC Projects subsidiary of Inox Wind Limited, has completed a Rs. 350 crore equity raise.
- The equity raise saw participation from marquee investors such as Valrado Venture Partners Fund IT, Anchorage Capital Scheme I, JM Financials Products Limited, Founders Collective Fund One, Up Financial Consultants Pvt. Ltd., Authum Investments & Infrastructure Ltd., and Capri Global Holdings Private Limited.
- Inox Wind Limited is a leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate investors.
- Inox Wind Limited is a fully integrated player in the wind energy market with manufacturing plants in Gujarat, Himachal Pradesh, and Madhya Pradesh.
- Inox Wind Limited has a strong promoter backing, healthy balance sheet, robust stakeholder relationships, and bright macro prospects, making it poised for growth and profitability.