The investment arm of the World Bank, International Finance Corporation (IFC), plans to invest up to US$15 million in South Asia Growth Fund II (SAGF II).
The fund, launched by GEF Capital Partners, LLC, seeks to invest in companies focussed on clean energy. In detail, the fund will choose 8-10 companies in India and Bangladesh, which work in the areas of clean energy supply and resource efficiency.
GEF Capital targets a total commitment of US$200 million in the Fund.
The International Finance Corporation of World Bank is proposing an additional US$50 million debt financing for the planned 300 MW solar photovoltaic project of Enel Green Power in India. IFC h...
Read moreReNew Power has commissioned a 105 megawatt (MW) solar generation facility in the Indian state of Gujarat. The project has a 25-year power purchase agreement with the Gujarat Urja Vikas Nigam Limited...
Read moreReNew Power has commissioned a 300 megawatt (MW) wind power generation facility in the Indian state of Gujarat. The project was previously awarded to ReNew’s operating subsidiary ReNew Wind Ener...
Read moreAdani Green Energy Limited has completed the acquisition of 100% of the share capital and all the securities of Spinel Energy & Infrastructure (SEIL) from Hindustan Cleanenergy and Peridot Power V...
Read moreReNew Power has commissioned a 110 megawatt (MW) solar generation facility in the Indian state of Rajasthan. As part of the project, ReNew has signed a power purchase agreement with Solar Energy Corp...
Read more