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

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 and other associated infrastructure in Kolkata. WABAG will execute Engineering, Procurement and Const...

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

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

streetAsia's premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of f...

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

[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 includes $70 million from the CDC group, a British development finance institution, $284 million from ...

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

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 approval processes. According to Sujoy Bose, managing director and chief executive officer, NIIF, the fu...

PE funds invest $390 mn in renewable energy platform Ayana - Vimarsana News

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 UK's CDC Group, has received additional funding of about $390 million (Rs.2870 crore) from existing investors - National Investment and Infrastructure Fund (NIIF), and EverSource Capital, besides CDC. NIIF has invested about $284 million, EverSource Capital managed G...