In Short : Acme Solar, one of India’s leading solar power developers, has appointed Ernst & Young (EY) to facilitate the sale of its stake in an Infrastructure Investment Trust (InvIT). This move is part of Acme’s strategic initiatives to unlock value and raise funds for future projects. InvITs have become popular investment vehicles in […]
REITs, InvITs Gaining Traction in India; Investment Trusts Raise Over $9.7 Bn in Capital: EY
The EY report titled ‘REITs and InvITs – financing urbanization and infrastructure in India’ states that both fundraising avenues – REITs and InvITs – are gaining traction in India similar to other developing countries Real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) have raised capital of over $9.7 billion in India, according to […]
EY announces ambition to be carbon negative
The company said it has set seven components of its plan to not only become carbon negative New Delhi: Global accounting and consultancy firm EY has announced a plan to become “carbon negative” this year by setting up targets to reduce its absolute emissions and removing and offsetting more carbon than it emits. In a […]
EY announces commitment to be carbon neutral by end of 2020
– First Big Four organization to announce plans to go carbon neutral globally – Announcement marks the next step in the EY journey toward becoming more sustainable – Commitment extends to supporting EY clients in their sustainability plans LONDON: EY today announces plans to be carbon neutral by the end of 2020, by both reducing and […]
