NEW DELHI: Inox Clean Energy has added assets worth Rs 25,000 crore through mergers and acquisitions (M&A) over the last nine months and is already among the top three renewable energy players in the country, according to a top executive."We have made nine acquisitions in the past nine months. These investments are worth Rs 25,000 crore," said Devansh Jain, executive director of INOXGFL, an umbrella entity that houses varied businesses across industrial chemicals, renewable energy generation, solar and wind equipment manufacturing and operations and maintenance of wind farms.He clarified that the worth of the assets was their enterprise value, which includes debt and cash.Also Read: Inox Clean buys assets of US' Boviet Solar for $750 millionJain was speaking to ET following the company's recent acquisition of US-based Boviet Solar for $750 million. He also cited other merger and acquisition (M&A) deals, including the acquisition of Vibrant Energy from Macquarie, two assets of Wind World, the assets of Sunsource Energy, and three assets of SkyPower, including its Africa entity. "Every other major conglomerate which has an ambition to grow wants to be in energy transition," he said.The INOXGFL group, he said, had incubated renewable power generation and wind turbine manufacturing businesses prior to 2010.Also Read: Waaree Energies eyes solar cell unit in the US"This will be a three continent play defined by a stable India business, a profit generating America's business and a future Africa play. We are building a strong annuity business. We are also adding assets organically" said Jain.Jain added, "We have raised Rs 5,500 crore equity in Inox Clean and we will be raising more. We are at over 96% ownership."