Vibrant Energy, Ultratech Cement sign PPA for 21.60 MW renewable energy project

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Vibrant Energy (Vibrant), a corporate renewable energy solutions provider, has signed agreements for 21.60 MW of wind project in Maharashtra. The project will deliver green power to Ultratech’s multiple facilities in Maharashtra.

The project is expected to generate about 72 million Units of green power per year, helping Ultratech to reduce its carbon footprint and achieve its sustainability targets.

About Vibrant Energy:

Vibrant Energy is a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG) with a mission to lead the decarbonization initiatives for corporate renewable energy customers and help them to attain a more sustainable, resilient, and low-cost energy future. Vibrant is currently operating and delivering c. 2GW of renewable energy solutions for corporates.