In Short : British International Investment (BII) has invested \$100 million for a 10% stake in ReNew Photovoltaics, the solar manufacturing arm of ReNew Energy Global. The investment will fund a 4 GW TOPCon solar cell facility in Dholera, Gujarat, boosting ReNew’s manufacturing capacity to 6.4 GW for both modules and cells, creating over 2,000 […]
Mahindra & Mahindra in talks for Rs 5,000 crore EV push from British International, others – EQ Mag
In July 2022, British International Investment signed a pact with Mahindra Electric to invest Rs 1,925 crore via compulsory convertible preference shares Automaker Mahindra & Mahindra (M&M) is in advanced discussions with British International Investment (BII) and some other global investors to raise up to Rs 5,000 crore ($605 million) for its electric vehicles (EV) […]