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.