New Delhi, Jan. 5 -- Initial public offering-bound Inox Clean Energy has signed a definitive agreement to acquire 300 MW of solar power portfolio of Dutch multinational SHV Energy-owned SunSource Energy for Rs.1,000 crore ($111 million), said two people in the know of the developments.

An announcement is expected on Monday.

"The deal value for the acquisition is around Rs.1,000 crore. With the slew of fresh acquisitions, Inox Clean may soon file a fresh DRHP (draft red herring prospectus) for its public listing," said one of the two people mentioned above.

Mint had earlier reported that SHV Energy has appointed BNP Paribas to sell the solar energy assets of SunSource Energy in a deal having an equity value of around $100 million. Sunso...