Go Your browser has Javascript disabled, so some things may not quite work how they should on LI right now: please enable JavaScript in your browser to fix things, we have no nefarious trackers, or scripts by Facebook, Google or others... In Brief Monday, 17 May 2021 18:18 Corporate M&A “CDC Group, the UK’s 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 (Ayana), a leading Indian renewable energy platform, a statement said.” reported The Economic Times. With the transaction, CDC will have acquired more than 30% stake in Ayana, whereas NIIF is set to become the majority shareholder in the company.