GIG-backed Blue Leaf Energy to acquire a majority stake in Vibrant Energy from ATN International.

Green Investment Group-backed Blue Leaf Energy, a company in the solar energy industry, agreed to acquire a majority stake in Vibrant Energy, a provider of renewable energy solutions to commercial and industrial customers across India, from ATN International, an American telco company. Financial terms were not disclosed. "Energy systems around the world are being reshaped as an increasing number of corporates take sustainability into their own hands. It’s no different in India and I’m delighted to see Blueleaf Energy expanding into this dynamic market. Through our platforms and partnerships, GIG now has a global solar development pipeline of over 20 GW, helping corporates across 12 countries accelerate their green transition," Mark Dooley, GIG Global Head.