ReNew Power Signs Pact with Maharashtra Government for Investment Worth $2.17 Billion

ReNew Power Signs Pact with Maharashtra Government for Investment Worth $2.17 Billion

Indian renewable energy project developer ReNew Power has announced that it has inked a pact with the Maharashtra government for a proposed investment of ₹140 billion (~$2.17 billion) for the ...
/ / Markets & Policy, Solar
SunSource Raises Funds For Development of Solar Projects in Low-Income States

SunSource Raises Funds For Development of Solar Projects in Low-Income States

SunSource Energy Private Limited, an Engineering Procurement and Construction (EPC) services provider, has announced that it has raised capital from Neev Fund for the development of solar projects across various ...
/ / Finance and M&A, Solar
IFC to Invest $150 Million in Aditya Birla Finance

IFC to Invest $150 Million in Aditya Birla Finance

The International Finance Corporation (IFC), a member of the World Bank Group, plans to invest $150 million in Aditya Birla Finance Limited (ABFL). The loan amount would be utilized by ...
/ / Finance and M&A, Solar
Church Pension Fund Infuses $17 Million to Promote Solar Energy in South Asia

Church Pension Fund Infuses $17 Million to Promote Solar Energy in South Asia

The Church Pension Fund (CPF) has invested $17 million (~₹1.07 billion) to provide financing to organizations that promote green energy initiatives. CPF is a financial services organization that serves the Episcopal Church ...
/ / Off-grid, Solar
IFC Invests $150 Million in Green Bonds in Philippines

IFC Invests $150 Million in Green Bonds in Philippines

First Filipino Green Bond Attracts Investment from World Bank Member The first green bond launched by a commercial bank in the Philippines has attracted a $150 million (~₹9.65 trillion) investment ...
/ / Finance and M&A, Solar
Canada Pension Plan Investment Board to Invest About $200 Million in ReNew Power

Canada Pension Plan Investment Board to Invest About $200 Million in ReNew Power

The Canada Pension Plan Investment Board (CPPIB) is set to invest approximately $200 million (~₹12.9 billion) in ReNew Power Ventures in the form of compulsory convertible preference shares (convertible debt) ...
/ / Finance and M&A, Solar
Mitsui OMC Power Investment Mini-grid

Japanese Firm Mitsui to Invest $9 Million in OMC Power

Mitsui & Co., a Japanese trading house, is planning to develop small-scale solar projects in India by investing $9.11 million (~₹582 million) in OMC Power, a rural power company that ...
/ / Finance and M&A, Solar
ReNew Power

Japan’s JERA Invests $200 Million in ReNew Power

JERA, a joint venture company of two of Japan’s largest utility companies – Tokyo Electric Power and Chubu Electric Power, invested $200 million for a 10 percent stake in India’s ...
/ / Finance and M&A, Other
NTPC Lists Green Masala Bonds Worth Rs.20 Billion on Singapore Exchange

NTPC Lists Green Masala Bonds Worth Rs.20 Billion on Singapore Exchange

National Thermal Power Corporation (NTPC) has listed green masala bonds worth Rs.20 billion (~$300 million) on the Singapore Exchange (SGX). With this listing, NTPC expects to tap into investors with ...
/ / Finance and M&A, Solar