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Indian wind company buys competitor's portfolio

A portfolio consisting of 260 MW in wind farms is now changing hands.

Leap Green Energy, an Indian renewable energy company majority-owned by JP Morgan, has increased its portfolio of wind turbines. The company has entered an agreement with Inox Renewables to take over 260 MW in wind farms, reports Recharge.

Leap Green Energy's total  capacity is now at 762 MW and the company's plan is to have 2 GW installed by 2019.

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