Silverpeak Launches Renewable Investment arm to Finance Green Projects

The investment arm will be run by Santosh Raikarwho has joined Silverpeak as the strategy’s managing partner.

Ramping up the investment platforms for renewable energy, enewable Investment armsak Renewables Investment Partners will provide an opportunity to institutional investors to invest in renewable technologies such as wind, solar and in the area of energy storage.

The investment arm will be run by Santosh Raikarwho has joined Silverpeak as the strategy’s managing partner. Kaushik Amin, is leading the firm’s energy investment platform.

Prior to the assignment, Raikar was the Mnaaging Director of State Street Bank and Trust Company

“We are excited to launch our renewables investment strategy with Santosh, who has deep expertise in this asset class,” said Amin.

He further added that, “His experience within the space allows us to strengthen our proven ability to find quality investment opportunities in energy, particularly in a market where we see major upside potential.”

“This is an exciting time to join Silverpeak as it grows,” said Raikar. “It is also an important time for investing in renewables, thanks to the tailwinds of renewable energy tax incentives and new technologies and an increased interest in socially responsible investments.”

Raikar also teaches Wallace E. Carroll School of Management of Boston College. He also holds a MSc degree in Technology and Policy from the Massachusetts Institute of Technology and Policy.