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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..

UK’s Oil Giant BP to Invest $70 Million in India’s Green Growth Equity Fund

United Kingdom-based oil giant BP announced its plans to invest $70 million (~$5.22 billion) in India’s Green Growth Equity Fund (GGEF), which aims at promoting zero carbon and low carbon energy so…

Fourth Partner, Lithium Urban to set-up solar-powered EV charging infra across India

Each of the parties have committed to about Rs 10 crore towards this JV, which will be deployed over the next two to three years. With this we plan to establish 10-15 charging hubs across metros such …

Mahindra EVs in Lithium Urban’s fleet clock over 100 million kilometres

Over 75 Mahindra EVs have even clocked over 200,000km alone. Mahindra Electric (Mahindra), the country’s leading electric vehicle manufacturer and Lithium Urban Technologies (Lithium), the zero …

EverSource Capital to invest $1 billion in India’s renewable energy sector

Mumbai: EverSource Capital, the joint venture between private equity firm Everstone Capital and global solar project developer Lightsource BP, is looking to invest over $1 billion in renewable energy …