Media and News

Eversource is powering progress towards Net Zero with strategic investments
Corporate

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

Apr 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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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...

Apr 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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Today, at one-fifth the cost of a flight, India’s road transport dominates intercity travel; 30-50 million people travel between our cities each day.
Corporate

Today, at one-fifth the cost of a flight, India’s road transport domin...

Feb 2024

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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STARTUP NEWS AND UPDATES: DAILY ROUNDUP (DECEMBER 5, 2023)
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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
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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?
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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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Climate investor Eversource receives grant funding from US and Danish governments
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Climate investor Eversource receives grant funding from US and Danish go...

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

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

Jun 2023

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…

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Eversource Capital invests in Lithium
Corporate

Eversource Capital invests in Lithium

Jun 2023

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…

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India’s ‘Green’ retail NBFC Ecofy promoted by Eversource Capital
Corporate

India’s ‘Green’ retail NBFC Ecofy promoted by Eversource C...

Nov 2022

MUMBAI: In an industry first move, Eversource promoted Accretive Cleantech Finance Private Ltd, operating as ‘Ecofy’, has received regulatory approval from the Reserve Bank of India (RBI) to opera…

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