Media and News

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
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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)
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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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Raising the stakes on climate funding – the significance of blended finance
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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
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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
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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 Capital buys majority stake in EV start-up Lithium for over $50 mn
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EverSource Capital buys majority stake in EV start-up Lithium for over $...

Mar 2022

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

Jan 2022

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 closes climate impact fund at $741 million
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EverSource closes climate impact fund at $741 million

Jan 2022

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…

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

Oct 2021

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 …

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