Vibrant Energy Acquired

Corporates lock in predictable renewable power pricing.

Positioning as a provider of dependable renewable energy solutions to commercial and industrial clients.

Portfolio is structured around offsite open access projects rather than utility-scale or rooftop.

Vibrant Energy is a pure-play C&I renewable energy IPP that has steered clear of the utility-scale and rooftop segments.

Amazon signed PPAs with Vibrant Energy for a 300 MW wind-solar hybrid project across Madhya Pradesh and Karnataka.

Data centre operator client.

Additional named C&I customers with long-term PPAs as of the 2026 Inox Clean acquisition.

Vibrant reported growing customer interest from these sectors as of early 2023.

Vibrant Energy works directly with Indian corporate clients to understand their energy requirements and develops solutions aligned to each client's specific needs, rather than offering standardized packages.

Vibrant markets "Customized Models" as a core differentiator, tailoring the commercial structure (Open Access, VPPA, Power Service Agreement, Power Trading, or Green Hydrogen) to each corporate client.

Prospective clients can request a free "Custom Assessment" and use an online Savings Calculator tool on Vibrant's website to estimate potential energy-cost savings before committing to a contract.

Long-term PPAs signed directly with corporate offtakers.

Offsite open-access projects delivered mostly in captive mode rather than via utility-scale or rooftop channels.

Vibrant obtained an energy trading licence from India's Central Electricity Regulatory Commission, opening a market-purchase channel alongside bilateral PPAs.

Built distributed generation solar power projects across southern India on a C&I business model.

Trades power under a CERC-issued energy trading licence.

Portfolio spanning Madhya Pradesh, Maharashtra, Karnataka, Telangana and Andhra Pradesh at the time of the Inox Clean acquisition.

Company's own account of its capacity growth trajectory.

Regulatory asset enabling market-based power sales alongside bilateral PPAs.

Turbine supply agreement for Vibrant's wind projects.

Lender for project financing of wind-solar hybrid projects.

Majority owner (via Blueleaf Energy) providing capital backing prior to the 2026 Inox Clean acquisition.

Fixed-price power sales to corporate offtakers under long-term contracts.

Additional revenue from trading power under its CERC licence rather than relying solely on bilateral PPAs.