New Financing Association Forms Platform for FIIs that Finance EVs Updated On Thu, Sep 8th, 2022 by Saurenergy A group of financiers that are actively financing electric vehicles have joined hands to launch an association, Electric Mobility Financiers Association of India (EMFAI). EMFAI will prove to be a common platform for all the financial institutions involved in financing electric vehicles and other products as well as services relevant to the ecosystem. The association […] Read more
Lack of Financing Options The Biggest Drag On faster EV Adoption In India Updated On Wed, Jul 20th, 2022 by Saurenergy Headquartered in Hyderabad, Etrio is a key player in cargo EV OEM sector, committed to leading cargo fleet electrification. Kalyan C Korimerla, Managing Director and Co-Promoter, Etrio, began his career at in Wall Street at Intel Corporation to later assume investment banking roles at JP Morgan in New York. After he moved back to India […] Read more
Blume Ventures Invests $2.5 Million in Solar Financing Platform Aerem Updated On Tue, Jul 12th, 2022 by Saurenergy Mumbai-based solar financing platform, Aerem has raised $2.5 Million in funding in a pre-series round from Blume Ventures, a New Delhi-based capital firm. The funding money ($2.5 Million) raised will go toward expanding the loan book, developing the technological platform that will enable seamless, end-to-end digital engagement with diverse stakeholders, and hiring teams that include […] Read more
BILITI Electric Gets Financing Approval from SIDBI for its GMW Taskman Autos Updated On Mon, Jun 13th, 2022 by Saurenergy California-based BILITI Electric Inc announced that the Small Industries Development Bank of India (SIDBI) has approved loans to those who are interested in purchasing GMW Taskman Electric 3W Autos, through its ‘Digital Prayaas’ program. ‘Digital Prayaas’ is an App-based end-to-end digital lending platform to facilitate access to low-cost borrowings for micro-entrepreneurs/micro-enterprises. Further, to cater to […] Read more
Ather, SBI collaborate to Widen Financing Options for EV customers Updated On Fri, Jun 10th, 2022 by Saurenergy Electric two wheeler manufacturer Ather Energy and State Bank of India have announced that they are collaborating to provide financing options to interested buyers of the electric vehicles. Ather wants to ease the process of purchase of the electric scooter for its purchasers by using the massive reach of the SBI in India to provide […] Read more
Clean Energy Financing Specialist Updated On Tue, Apr 26th, 2022 by Saurenergy Support in technical assistance activities related to innovative financing instruments like InvITs, green bonds, alternate investment funds, concessional financing etc. The technical assistance shall include preparation of concept notes/presentations/reports, stakeholder discussions and transaction support like valuation, structuring and documentation. Developing excel based financial models, concept notes, reports and presentations on financing aspects pertaining to clean […] Read more
Eolian Gets $925 Million Renewable Energy Financing Updated On Fri, Apr 22nd, 2022 by Saurenergy Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […] Read more
Green H2 firm Ohmium closes $45 M Series B financing Updated On Mon, Apr 18th, 2022 by Saurenergy US green hydrogen company Ohmium International recently announced it has closed $45 million Series B financing in a round led by existing investor Fenice Investment Group with participation from current major investors and new investor Energy Transition Ventures. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually […] Read more
ENGIE North America Gets $800m Financing for 665 MW Wind, Solar Projects Updated On Fri, Apr 1st, 2022 by Saurenergy ENGIE North America has announced that the company has successfully completed Tax-Equity financing for its Iron Star (Kansas) and Priddy (Texas) wind projects and Equity financing for the portfolio of these assets along with Hawtree solar project. The solar project was recently declared commercially operational. Together the projects total 665 MW. ENGIE says that leading […] Read more
