ALTÉRRA invests in Indian clean energy platform Evren

Japan's Sojitz Steps into India’s Clean Energy Sector through GPS Renewables’ New $400 Mn Biomethane Platform

Sojitz Corporation (“Sojitz”) invests in a holding structure of the special purpose company established jointly by GPS Renewables Private Limited. (“GPSR”) and Indian Oil Corporation Ltd. (“IOCL”), which designs, constructs, operates, and provides maintenance for biomethane plants in India (“GPSR-IOCL Biomethane Platform”). Through this strategic investment, Sojitz will foray into biomethane production and sales in India. Sojitz will work in col…

Alterra part of $100m buy-in for Indian renewable energy company

Alterra, the UAE’s $30 billion climate fund, has partnered with investors including Canada-based investment company Brookfield Asset Management, to co-invest $100 million in Indian renewable energy company Evren.  The investment aims to bolster Alterra’s clean energy portfolio and accelerate India’s push toward 500 gigawatts (GW) of installed renewable capacity by 2030, it said in a statement. The investment is made through the Alterra Accelerat…

Evren secures $100 million from ALTÉRRA, Brookfield to advance 11 GW renewable energy pipeline

The investment will support the development and construction of up to 11 GW of solar, wind and battery storage projects in Rajasthan and Andhra Pradesh.Evren, a renewable energy platform launched by Brookfield in India, has secured a $100 million investment from climate investment fund ALTÉRRA, Brookfield Asset Management and other investors to support the development of up to 11 GW of solar, wind and battery storage projects in Rajasthan and An…

ALTÉRRA, Brookfield Invest $100 Million in Indian Renewable Energy Platform Evren

UAE-backed climate investment platform ALTÉRRA and Brookfield Asset Management (BAM) announced a co-investment of $100 million into Indian clean energy company Evren, aimed at accelerating the development of the company’s 11 GW renewable energy pipeline. The new investment comes as India continues to scale up its investments in clean energy, with the country aiming to […]

ALTÉRRA invests in Indian clean energy platform Evren

To accelerate the growth and buildout of its 11GW renewable energy pipeline