Climate investor Eversource receives grant funding from US and Danish go...
Dec 2023 Corporate
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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COP28: Another cop or another cop-out?
Nov 2023 Corporate
“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 fi...
Nov 2023 Other
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 climat...
Nov 2023 Other
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 Invests In EV Operator Lithium; IFC, Lightrock Exit
Mar 2022EverSource Capital’s Green Growth Equity Fund (GGEF), one of India’s largest climate impact funds, said it has picked up majority stake in electric vehicle fleet operator Lithium Urban Technologie…
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Eversource closes India’s largest climate impact fund at US$ 741 milli...
Jan 2022Eversource 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
Jan 2022EverSource 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...
Oct 2021The 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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CDC invests $70 mn in India’s first dedicated climate change investmen...
Oct 2021CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced an investment of $70 million into the Green Growth Equity Fund (GGEF), India’s first dedicated climate …
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IL&FS sells environment business to EverSource, reduces debt by Rs 1...
Apr 2021Mumbai (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…
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Radiance Renewables Acquires 152 MW Of Solar Rooftop Assets From Azure P...
Apr 2021Radiance 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 …
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Netherlands’ FMO to invest $137 million in Green Growth Equity Fun...
Apr 2021New 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…
Read moreDutch development bank FMO to invest $137 mn in India’s Green Growth E...
Apr 2021Dutch 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…
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PE funds invest $390 mn in renewable energy platform Ayana
Dec 2020Indian 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…
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Uber partners with Lithium Urban Technologies to onboard 1,000+
Oct 2020Uber on Thursday announced a partnership with electric vehicle fleet operator Li..
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UK’s Oil Giant BP to Invest $70 Million in India’s Green Growth Equi...
Jul 2020United 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…
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