EverSource Capital (EverSource) has completed the final close for Green Growth Equity Fund at US$741 million. The fund will focus investments on Climate change, Mitigation and Adaptation in the emerging markets of India.
The Green Growth Equity Fund invests in and builds innovative, digitally empowered, rapidly scalable climate-positive businesses and platforms covering renewable energy, energy efficiency, e-mobility, resource conservation, waste and water management, and associated value chains.
Beit Capital Advisors advised EverSource Capital during the fundraising process, whereas Kirkland & Ellis LLP, Withers KhattarWong LLP and Nishith Desai Associates acted as legal counsels.
Larsen & Toubro has secured an order from the National High-Speed Rail Corporation Limited (NHSRCL) in India, to design and construct Package No. MAHSR-C-5 of the Mumbai Ahmedabad High-Speed...
Read morePalsit Dankuni Tollway Pvt. Ltd, an SPV of IRB Infrastructure Developers Ltd, has achieved financial closure for its BOT project of 6 laning of NH19 corridor between Palsit to Dankuni i...
Read moreCintra has completed the acquisition of a 24.86% stake in Indian company IRB Infrastructure Developers. The transaction is valued at EUR369 million (US$419.17 million). IRB Infrastructure Develo...
Read moreREC Power Development (REC), a public-owned company, has handed over SPV responsible for the development of 1 GW capacity renewable energy plants to IndiGrid 1 and IndiGrid 2. Both companies are subsi...
Read moreNational Highway Authorities of India (NHAI) has executed concession agreement for six laning project of Chittoor-Thachur highway. Chittoor Thachur Highway Private Limited, a subsidiary of IRB in...
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