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Indowind Energy to buy a 5.1 MW Indian wind project for $2.4M–$3M, pending approval.
Indowind Energy Limited has agreed in principle to acquire a 5.1 MW operational wind project in India for INR 200–250 million, pending regulatory approval.
The deal, which could be structured as an asset or share purchase, aims to expand the company’s renewable energy capacity.
The project is already generating power and may be repowered or combined with a solar component in the future, subject to feasibility and regulatory reviews.
The acquisition supports Indowind’s strategy to grow capacity, optimize assets, and boost long-term profitability.
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Indowind Energy comprará un proyecto eólico indio de 5.1 MW por $2.4M$3M, pendiente de aprobación.