Vibrant, which is a part of Macquarie's Green Investment portfolio, is presently operational and providing 1.9 GW of renewable energy solutions to corporate clients in India. It has an active pipeline of 3 GW. Previously, the company had been in talks with various entities including Bain Capital, Sun Energy, and Vitol, with the aim of achieving an enterprise value of $500 million. The sale process was being advised by JP Morgan.

However, Vibrant has chosen to finalise its on-going projects and defer the sale of the business to a later date. The company specialises in developing open-access renewable energy solutions, including wind and solar, for corporate customers.

Approximately 70% of Vibrant is owned by Blueleaf Energy, another entity within Macquarie's Green Investment Group, while the remaining stake is held by ATN International, based in the United States. Blueleaf Energy Asia had entered the Indian market in 2020 by acquiring a majority share in Vibrant Energy Holdings from ATN International. Overall, Macquarie's Green Investment Group has a portfolio under development totaling 90 gigawatts (GW) spread across 25 markets worldwide.