Media and News

Ecofy Joins Forces With Luminous To Accelerate Solar Adoption
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Ecofy Joins Forces With Luminous To Accelerate Solar Adoption

Jun 2024

Indian NBFC Ecofy has now announced its partnership with Luminous Power Technologies, an energy solutions industry. The collaboration with Luminous aims to focus on the financing landscape for renewab…

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Top Climate Investor in India Seeks to Raise a $1 Billion Fund
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Top Climate Investor in India Seeks to Raise a $1 Billion Fund

May 2024

Eversource Capital, which closed India’s largest climate impact fund in 2022, is seeking to raise at least $1 billion as it scouts for companies to back in other Asian countries, according to its …

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Waaree Energies, Ecofy partner to offer finance for solar rooftop projects
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Waaree Energies, Ecofy partner to offer finance for solar rooftop projec...

May 2024

Through the initiative, the company aims to accelerate the solarisation of over 10,000 rooftops across households and MSMEs (Micro, Small & Medium Enterprises). New Delhi, Waaree Energies on Wedne…

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Waaree Energies and Ecofy Launch Affordable Rooftop Solar Solutions with Easy Financing for Indian Homeowners
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Waaree Energies and Ecofy Launch Affordable Rooftop Solar Solutions with...

May 2024

Waaree Energies Limited, recognized as India’s largest solar PV modules manufacturer with an impressive capacity of 12 GW as of June 30, 2023, according to a CRISIL report, has announced a strategic…

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Ecofy and Vidyut join to offer subscription-based battery-as-a-service model for EV sales
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Ecofy and Vidyut join to offer subscription-based battery-as-a-service m...

Apr 2024

With a hybrid financing model that reduces the cost of acquisition and introduces a pay-per-km battery leasing model, Ecofy and Vidyut aim to make the adoption of EVs stress-free and risk-free, the co…

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Don’t see any frothiness in climate sector valuations: Eversource’s Dhanpal Jhaveri
Corporate

Don’t see any frothiness in climate sector valuations: Eversource̵...

Apr 2024

Eversource Capital, a joint venture of Indian private equity firm Everstone Capital and the UK-based Lightsource BP, raised $741 million for its maiden climate-focused fund two years ago and is now ge…

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Eversource firming up game plan for second fund; plans more buyouts, new themes
Corporate

Eversource firming up game plan for second fund; plans more buyouts, new...

Mar 2024

Climate-focused investor Eversource Capital, a joint venture of Indian private equity firm Everstone Capital and the UK-based Lightsource BP, is considering new investment themes for its second fund a…

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Ecofy Fulfilling India’s Solar Dream with Cutting-Edge Financing Solutions
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Ecofy Fulfilling India’s Solar Dream with Cutting-Edge Financing S...

Mar 2024

The Company’s impact extends across more than 10 states, strengthened by collaborations with over 300 EPC installers, enhancing its geographical reach. Ecofy is marking a significant milestone after…

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Navigating uncertainty: The role of ERM in PE and VC investments
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Navigating uncertainty: The role of ERM in PE and VC investments

Feb 2024

A robust ERM system forms the cornerstone for optimising internal audit planning, facilitating thorough internal control assessments, and cultivating an effective framework for risk management and aud…

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Eversource is powering progress towards Net Zero with strategic investments
Corporate

Eversource is powering progress towards Net Zero with strategic investme...

Feb 2024

Eversource Capital CEO Dhanpal Jhaveri on how his organisation is driving India’s climate action agenda with pioneering investments in renewable energy, e-mobility, waste-to-energy, water manage…

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Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO
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Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from D...

Jan 2024

Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO With this infusion, Ecofy plans to grow its loan book, diversify its product base and eventually improve its own c…

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Climate-focussed NBFC Ecofy raises $10.8M to grow its loan book
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Climate-focussed NBFC Ecofy raises $10.8M to grow its loan book

Jan 2024

Backed by Eversource Capital, Ecofy offers loans to climate change-related businesses and individuals, such as for EVs, rooftop solar panels, and SMEs, among others. Ecofy, an NBFC that focuses on sup…

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