Finance and M&A
Power transmission and renewable energy company IndiGrid has raised ₹15 billion (~$163.15 million) in funding through an institutional placement, bringing the total...
Berlin-based climate fintech company Cloover has secured over $1.2 billion in funding commitments, comprising equity and debt facilities from investors, to build an AI...
The Union Cabinet has approved equity support of ₹50 billion (~$545.72 million) to the Small Industries Development Bank of India (SIDBI). SIDBI offers loans to micro,...
Rajasthan-based smart metering solutions and services provider Genus Power Infrastructure has signed a share purchase agreement to acquire the remaining 86.49% stake in...
With India now meeting half of its power consumption through renewable energy, the industry is heading into the Union Budget 2026 with its wish list shifting from “more...
From: Mercom Capital Group Terralayr, a developer, owner, and operator of battery energy storage assets, raised €192 million (~$223 million) in an equity round,...
From: Mercom Capital Group ENCAVIS, a solar and wind project developer, has announced the closure of a non-recourse project financing of €135 million (~$157.10...
Bengaluru-based solar cell and module manufacturer, Emmvee Photovoltaic Power, has reported a revenue of ₹11.52 billion (~$127.6 million) in the third quarter (Q3) of...
Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported a consolidated revenue from operations of ₹8.51...
Government-owned lender Indian Renewable Energy Development Agency (IREDA) reported revenue from operations of ₹21.3 billion (~$236.2 million) in the third quarter (Q3)...
State-owned Power Finance Corporation (PFC) has launched Tranche I of its public issue of secured, listed, and redeemable non-convertible debentures (NCDs), aiming to...
Indore-based electric vehicle (EV) charging infrastructure company ROADGRID has raised ₹120 million (~$1.44 million) in a Pre-Series A funding round led by Venture...
From: Mercom Capital Group Okovate Sustainable Energy, an agrivoltaic project developer, has announced the acquisition of assets from Fundusol, a modeling platform born...
Independent power producer Juniper Green Energy has secured ₹20.39 billion (~$245.7 million) in debt financing from a consortium of domestic and global financial...
Oriana Power has approved the issue and allotment of non-convertible debentures (NCD) aggregating to ₹750 million (~$9.04 million). The company will issue 7,500 rated,...
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