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Va Tech Wabag achieves financial closure for Rs 575 cr HAM project under NMCG

Va Tech Wabag has achieved financial closure for its hybrid annuity project received from Kolkata Metropolitan Development Authority. The company had earlier signed a Rs. 575 crore HAM concession agreement under the Namami Gange programme administered by the National Mission for Clean Ganga (NMCG) which included the scope of engineering, supply and construction of new sewage treatment plants, renovation and up-gradation of existing sewage treatment plants, rehabilitation of pumping stations an...
West Bengal United Kingdom Namami Gange Green Growth Equity Fund International Finance Corporation National Mission For Clean Ganga

India's Ayana Renewable gets $390m funding from CDC, NIIF, EverSource

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Uttar Pradesh United Kingdom Dhanpal Jhaveri Jan Thompson Un Sustainable Development Goals Sdgs National Investment

[Funding alert] Renewable player Ayana raises $390M in fresh funding; NIIF to pick up majority stake

[Funding alert] Renewable player Ayana raises $390M in fresh funding; NIIF to pick up majority stake With the new funding, Ayana has received equity funding of $721 million till date, which is sufficient to scale up its renewable energy portfolio to over 4 GW over the next two years. 0 claps Share on CDC Group, NIIF, and EverSource Capital, the investors said in a joint statement. With the new funding, Ayana has received equity funding of $721 million till date. The additional equity funding in...
Uttar Pradesh United Kingdom Sujoy Bose Dhanpal Jhaveri Jan Thompson Srini Nagarajan

NIIF to hold majority stake in CDC's Ayana Renewable after fresh infusion

CDC Group, the UK’s development finance institution and impact investor, National Investment and Infrastructure Fund (NIIF), and EverSource Capital-managed Green Growth Equity Fund (GGEF) today announced additional equity funding in Ayana Renewable Power (Ayana), an Indian renewable energy platform. The proposed transaction envisages NIIF to become the majority shareholder in Ayana. CDC will put in $70 million, NIIF $284 million and GGEF $36 million. The commitment is subject to final appro...
Uttar Pradesh United Kingdom Sujoy Bose Dhanpal Jhaveri Jan Thompson Srini Nagarajan

PE funds invest $390 mn in renewable energy platform Ayana

PE funds invest $390 mn in renewable energy platform Ayana SECTIONS Share Getty Images NIIF has invested about $284 million, EverSource Capital managed Green Growth Equity Fund (GGEF) invested $36 million and another $70 million investment from CDC Group Related Indian clean energy platform Ayana Renewable Power (Ayana), owned by UKs CDC Group, has received additional funding of about $390 million (Rs.2870 crore) from existing investors - National Investment and Infrastructure Fund (NIIF), and ...
Uttar Pradesh United Kingdom Sujoy Bose Dhanpal Jhaveri Srini Nagarajan Green Growth Equity Fund

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Ayana Gets Additional USD 390 Million Funding

3-MIN READ Ayana Gets Additional USD 390 Million Funding Renewable energy platform Ayana on Thursday got additional funding worth USD 390 million from the CDC, the National Investment and Infrastructure Fund (NIIF) and the Green Growth Equity Fund (GGEF). CDC Group, the UKs development finance institution and impact investor, NIIF and EverSource Capital managed GGEF announced additional equity funding of USD 70 million, USD 284 million and USD 36 million respectively in Ayana Renewable Power ...
Uttar Pradesh United Kingdom New Delhi Sujoy Bose Asia Srini Nagarajan Dhanpal Jhaveri
Source: news18.com

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