Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, announces a USD 15 million investment in Eversource-backed Ecofy, a Reserve Bank of India (RBI)-registered NBFC specializing in financing green products. Founded in 2022 by Rajashree Nambiar and Govind Sankaranarayanan, and backed by Eversource Capital, British International Investment, FMO and Finnfund, Ecofy is India’s […]
Policy and financing momentum sustain CCUS progress despite setbacks – EQ
In Short : Carbon capture, utilization, and storage (CCUS) continues to gain traction as supportive policies and financing initiatives offset project delays and cost challenges. Governments and investors are strengthening incentives, funding mechanisms, and infrastructure planning to accelerate deployment. Although cancellations and high capital costs persist, growing policy clarity and financial backing are sustaining long-term […]
India-Africa Meet Highlights Grid Planning and Financing as Key to Energy Transition – EQ
In Short : India-Africa discussions emphasized grid planning and innovative financing as critical enablers of the energy transition. Leaders highlighted the need for modern transmission networks, renewable integration, and investment mobilization to support growing electricity demand. The meeting focused on collaboration, knowledge sharing, and capacity building, aiming to strengthen energy access, accelerate clean power deployment, […]
Avaada Seeks $700 Million in Overseas Project Financing to Accelerate Clean Energy Expansion – EQ
In Short : Avaada has approached foreign banks to raise around $700 million in project finance to support its growing renewable energy portfolio. The proposed funding aims to back large-scale solar and hybrid projects, strengthen balance sheet flexibility and support timely execution as the company scales capacity in line with India’s accelerating clean energy and […]
IREDA Mobilizes ₹453 Crore Through Perpetual Bonds to Strengthen Green Energy Financing – EQ
In Short : The Indian Renewable Energy Development Agency (IREDA) has raised ₹453 crore through perpetual bonds, marking a significant step in boosting green financing. The capital will be utilized to fund renewable energy initiatives across India, supporting solar, wind, and emerging technologies. This strengthens IREDA’s financial capacity to drive India’s transition towards sustainable energy […]
ADB Approves Financing for Transformative Reko Diq Copper Mining Project in Pakistan – EQ
In Short : The Asian Development Bank (ADB) has approved financing for Pakistan’s transformative Reko Diq copper mining project, one of the world’s largest undeveloped copper-gold deposits. The funding will support sustainable development, job creation, and economic growth while ensuring environmental and social safeguards. The project is expected to significantly boost Pakistan’s mining sector and […]
ADB President Announces Paris Office, Deepens Partnerships at Financing for Development Conference – EQ
In Short : At the Financing for Development Conference, ADB President Masatsugu Asakawa announced the opening of a new Paris office to strengthen European ties. ADB also doubled its co-financing target with France’s AFD to \$6 billion for 2026–2028. Asakawa emphasized mobilizing private capital and deepened partnerships with OECD, IFAD, and others to boost climate, […]
Mufin Green Finance Raises $18 Million to Expand EV Financing – EQ
Mufin Green has raised $18 million in funding from a U.S. based institution. Funds will be used to scale EV mobility financing and leasing solutions for the MSME sector. The 10-year loan includes an initial $10 million disbursement, with the balance of $8 million expected within 12 months. India – Mufin Green Finance Limited, a […]
IRENA-The Success of Global Energy Transitions Starts with Early-Stage Project Financing – EQ
In Short : The success of global energy transitions hinges on robust early-stage project financing. Investing in innovative, sustainable energy projects from the outset accelerates development, reduces financial risks, and fosters long-term viability. Governments, private investors, and financial institutions must collaborate to secure funding, enabling the shift to cleaner energy systems and supporting the global […]
Aerem Solutions and OMC Power partner to enable ₹200 Crore financing for Solar Rooftop Adoption by MSMEs – EQ
~The partnership creates the opportunity for MSMEs in Uttar Pradesh to access Solar finance through device financing~ Mumbai – Aerem Solutions and OMC Power have entered into a strategic partnership to unlock ₹200 crore in financing for rooftop solar solutions targeted at India’s Micro, Small, and Medium Enterprises (MSMEs) in Uttar Pradesh. The collaboration is […]