EverSource Capital’s new $1 billion fund secures U.S. DFC commitments

Dec 2024 Corporate

EverSource Capital CEO Dhanpal Jhaveri said it has received equity commitments from the U.S. International Development Finance Corporation (DFC) for its second fund as the company prepares to launch a $1 billion second fund in 2025. Jhaveri told Mint in an interview that DFC mainly provides debt investments and is expected to bring equity financing to EverSource Capital to establish the new fund. EverSource is a private equity firm focused on renewable energy infrastructure. It is a joint venture between Indian private equity firm Everstone Capital and UK-based Lightsource BP

https://www.thelocalreport.in/eversource-capitals-new-1-billion-fund-secures-u-s-dfc-commitments/