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February 18, 2021
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...
December 20, 2020
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December 18, 2020
[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...
December 17, 2020
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...
December 17, 2020
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 ...
December 17, 2020
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 ...