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EverSource Capital buys majority stake in EV start-up Lithium for over $50 mn

Eversource Capital (Eversource), manager of India’s largest climate impact fund, today announced that it has invested in Lithium Urban Technologies Pvt Ltd. (Lithium) for a majority stake.Lithium is…

EverSource Capital Invests In EV Operator Lithium; IFC, Lightrock Exit

EverSource Capital’s Green Growth Equity Fund (GGEF), one of India’s largest climate impact funds, said it has picked up majority stake in electric vehicle fleet operator Lithium Urban Technologie…

Eversource closes India’s largest climate impact fund at US$ 741 million

Eversource Capital (Eversource) has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at US$ 741 million, making GGEF one of the largest…

EverSource closes climate impact fund at $741 million

EverSource Capital, a JV between PE firm Everstone Capital and Lightsource BP, has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at Rs5520 cr…

Britain’s CDC Group invests $70 million in first dedicated climate finance fund

The CDC Group has invested in the Green Growth Equity Fund, the country’s first dedicated climate change fund. The CDC Group, Britain’s official development finance institution and impact …

CDC invests $70 mn in India’s first dedicated climate change investment fund

CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced an investment of $70 million into the Green Growth Equity Fund (GGEF), India’s first dedicated climate …

IL&FS sells environment business to EverSource, reduces debt by Rs 1,200 crore

Mumbai (Maharashtra) [India], Apr 7 (ANI): IL&FS has sold its stake in environment business to EverEnviro Resource Management, a 100 per cent owned subsidiary of Green Growth Equity Fund (GGEF) ma…

Radiance Renewables Acquires 152 MW Of Solar Rooftop Assets From Azure Power

Radiance Renewables today announced that it has signed an agreement with Azure Power Global to acquire solar rooftop assets of 152.5 megawatt capacity, including 8.1 MW of under-construction and 18.5 …

Netherlands’ FMO to invest $137 million in Green Growth Equity Fund

New Delhi: Dutch development bank FMO will invest $137 million in Green Growth Equity Fund (GGEF), managed by EverSource Capital, that invests in India’ green energy space such as clean energy, tran…

Dutch development bank FMO to invest $137 mn in India’s Green Growth Equity Fund

Dutch development bank FMO will invest $137 million (about ₹1,000 crore) in India’s Green Growth Equity Fund (GGEF), managed by EverSource Capital, while the fund aims to raise a total of $940 mil…

PE funds invest $390 mn in renewable energy platform Ayana

Indian clean energy platform Ayana Renewable Power (Ayana), owned by UK’s CDC Group, has received additional funding of about $390 million (Rs.2870 crore) from existing investors – National Investment…

Uber partners with Lithium Urban Technologies to onboard 1,000+

Uber on Thursday announced a partnership with electric vehicle fleet operator Li..