CDC Group, the UK’s development finance institution and impact investor, has invested $70 million into the Green Growth Equity Fund (GGEF), India’s first dedicated climate change fund. The fund is managed by EverSource Capital, a joint venture between Everstone, one of India’s leading private investment groups and Lightsource BP, BP’s renewable energy platform. GGEF already […]
SOUTH AFRICA: CDC Invests $50m in the Redstone Solar Project 100 MW
CDC Group, the UK government’s development finance institution, is investing $50 million in the Redstone Concentrated Solar Power (CSP) project in South Africa. The plant will feed 100 MW into the grid of the state-owned utility Eskom. CDC Group is coming to South Africa to announce a direct investment in a sustainable development project. The […]
CDC GROUP Invests 250 Crore into FOURTH PARTNER ENERGY
Capital from CDC Group (“CDC”) will be in the form of Non-Convertible Debentures (NCDs) and will be utilised by Fourth Partner Energy for expanding its solar portfolio Marks CDC’s foray into India’s Commercial & Industrial (C&I) solar segment and Fourth Partner Energy’s first major round of fund-raising in 2021 CDC Group, the UK’s development finance […]
60MW solar station in Battambang hooked to grid
A 60MW solar power station in northern Battambang province was commissioned and connected to the national grid last week. The solar farm is located in southwestern Thma Koul district’s Anlong Run commune and is invested by Shenzhen-listed Risen Energy Co Ltd. Keo Rottanak, director-general of state-run electricity supplier Electricite du Cambodge (EdC), said the project […]
Ayana Renewable Power hits $721 million in funding as CDC, NIIF and GGEF agree to inject further capital
The fresh capital will boost India’s clean energy generation to help combat climate change. This will help to ensure clean energy reaches states across India. It reiterates the UK and India’s partnership for the UN Sustainable Development Goals. CDC Group, the UK’s development finance institution and impact investor, National Investment and Infrastructure Fund (NIIF), […]
National Investment and Infra Fund emerges top bidder for Mahindra Susten’s solar assets
The major operational assets that are to be sold include a 337.5 MW solar park at Rewa, Madhya Pradesh and an 84.5 MW plant at Charanka, Gujarat MUMBAI: The National Investment and Infrastructure Fund (NIIF) is the frontrunner to acquire about 617 megawatts (MW) worth assets of Mahindra Susten, the solar energy EPC platform owned […]
Grapevine: Hero Future Energies in talks with KKR and others to sell PPAs
Munjal family-promoted green energy company Hero Future Energies is in separate talks with global investors including KKR, Actis, Temasek-backed O2 Power and the UK’s CDC-owned Ayana Renewable Power to sell 900 megawatt (MW) of its power purchase agreements (PPAs), two people aware of the development told The Economic Times. One PPA that Hero Future plans […]
