Media and News

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

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

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 investor Eversource receives grant funding from US and Danish governments
Corporate

Climate investor Eversource receives grant funding from US and Danish go...

Dec 2023

Eversource, a climate investment joint venture between Everstone Group and Lightsource BP, on Tuesday said that it has received so-called catalytic concessional capital from the U.S. Department of Sta…

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STARTUP NEWS AND UPDATES: DAILY ROUNDUP (DECEMBER 5, 2023)
Corporate

STARTUP NEWS AND UPDATES: DAILY ROUNDUP (DECEMBER 5, 2023)

Dec 2023

Rural fintech startup Navadhan has raised 40 crore ($5 million) in its Pre-Series A round led by Prime Venture Partners. Existing investors, Gemba Capital and Varanium NexGen Fintech Fund also partici…

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Eversource secures blended finance at COP28
Corporate

Eversource secures blended finance at COP28

Dec 2023

Eversource, a climate impact investor in India, has received catalytic concessional capital from the US Department of State and the United States Agency for International Development (USAID) through i…

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COP28: Another cop or another cop-out?
Corporate

COP28: Another cop or another cop-out?

Nov 2023

“The 28th Conference of the Parties (COP28) kicks off in Dubai, marked by rising temperatures, a global energy crisis and conflicting climate goals due to changing priorities. The planet briefly…

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Raising the stakes on climate funding – the significance of blended finance
Corporate

Raising the stakes on climate funding – the significance of blended fi...

Nov 2023

It is a fact that the last decade has been the hottest in 125,000 years! Climate change is a reality, and the Earth is getting warmer each day. The Paris Agreement, signed by 200 countries in 2015, ai…

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How innovative business models can lead to more opportunities for climate investing
Corporate

How innovative business models can lead to more opportunities for climat...

Nov 2023

Emphasising how the world has to think about innovation as it looks to drive climate  impact and climate outcomes, Dhanpal Jhaveri , Vice-Chairman of Everstone  Group, said that climate inve…

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Eversource Capital’s climate impact fund commits over $600m to various assets in portfolio
Corporate

Eversource Capital’s climate impact fund commits over $600m to var...

Sep 2023

Eversource Capital-backed Green Growth Equity Fund (GGEF), which raised $741 million in late 2021, has surpassed over $600 million in commitments to various assets in its portfolio. https://www.dealst…

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