Resco Global Wind Services Pvt. Ltd., the EPC Projects subsidiary of Inox Wind Limited, announced today the successful completion of a ₹350 crore equity raise. This capital infusion follows the board meeting held on September 2, 2024, and includes participation from several prominent investors.
The equity raise was secured through the issuance of securities, with key investors in the round including:
- Valrado Venture Partners Fund II
- Anchorage Capital Scheme I (A Scheme of Anchorage Fund)
- JM Financial Products Limited
- Founders Collective Fund
- One Up Financial Consultants Pvt. Ltd.
- Authum Investments & Infrastructure Ltd.
- Capri Global Holdings Private Limited
This fresh capital injection is expected to support Resco Global in its ongoing expansion of wind energy projects across India. The company provides end-to-end engineering, procurement, and construction (EPC) services for wind energy projects, including the development of infrastructure for power evacuation.
TOPICS:
Inox Wind