Radiance Renewables Secures Green Loan Facility for 150 MW Solar Project Updated On Thu, Nov 2nd, 2023 by Saurenergy EverSource Capital-backed Radiance Renewables Pvt. Ltd. has become the first commercial & industrial (C&I) renewable energy player in India to secure a green loan project finance facility for its 150 MW (AC) greenfield C&I solar power project located in Maharashtra. The facility will provide the necessary financing for the 150 MW (AC) solar project located […] Read more
Mahindra Solarize, Ecofy Collaborate for 500 Solar Rooftops in Retail Segment Updated On Fri, Mar 17th, 2023 by Saurenergy Solar energy firm Mahindra Solarize has announced collaboration with Ecofy to step-up financing and installation of rooftop solar in the retail segment. Ecofy is an NBFC. Mahindra Solarize will help facilitate collateral free loans for solar rooftop installation. This will help in to accelerate green energy adoption in India. Both Mahindra Solarize and Ecofy believe […] Read more
Eversource Capital Is Majority Owner in Lithium Urban After Fresh Funding Round Updated On Tue, Mar 22nd, 2022 by Saurenergy EverSource Capital (EverSource), manager of India’s largest climate impact fund, announced on March 21 that it has invested in Lithium Urban Technologies Pvt Ltd. (Lithium) for a majority stake. Lithium is the largest operator of electric cars in India, providing services to 50+ clients since 2015 with a presence in 15+ cities. Eversource is a […] Read more
EverSource Closes India’s Largest Climate Impact Fund at US$ 741 million Updated On Tue, Jan 18th, 2022 by Saurenergy EverSource Capital (EverSource) has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at US$ 741 million, making GGEF one of the largest single-country funds focused on Climate change, Mitigation and Adaptation in the emerging markets. EverSource is investing to combat climate change by focusing on the decarbonization of energy and resource […] Read more
Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
GreenCell Bags First Electric Bus Contract From RSRTC Updated On Wed, Sep 2nd, 2020 by Saurenergy The first electric bus contract from Rajasthan State Road Transport Corporation (RSRTC) has been bagged by GreenCell Mobility Private Limited. This contract is awarded under the Government of India’s Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) scheme for procurement of inter-city electric buses. According to GreenCell, the buses in this case will travel 600 […] Read more
EverSource Capital and NIIF to Invest $330 Mn in CDC’s Ayana Renewable Power Updated On Fri, Mar 1st, 2019 by Saurenergy This investment is a part of CDC’s commitment to invest a further $ 1.7 billion in India and neighbouring countries over the next three years. EverSource Capital (a joint venture between Everstone Capital and Lightsource BP) and the National Investment and Infrastructure Fund of India (NIIF) have announced a partnership with UK-based Finance Institution CDC […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
