Inox Wind is a fully integrated player in the wind energy market and makes key components of wind turbine generators (WTGs) in-house. “The company has already started talks with some private equity investors for a stake sale in the O&M business—Inox Wind Infrastructure Services Ltd (IWISL). This could be in the form of a controlling stake sale or a minority stake sale depending on the valuation they are able to get. The O&M revenue earning wind turbine portfolio of the company stands at 1,514MW. “O&M revenue is non-cyclical, higher margins and provides steady cash flows, making it an attractive business for investors.

Source: Mint September 16, 2021 18:00 UTC