Indian green infrastructure developer EverSource Capital is seeking to infuse more than $1 billion in renewable energy investments.
EverSource Capital, a green infrastructure joint venture between Indian investment firm Everstone Group and UK-based Lightsource BP, is planning to make the investments via its Green Growth Equity Fund.
Last month, the company made its maiden commitment, jointly investing $330 million, along with National Investments and Infrastructure Fund and UK’s CDC Group, into Ayana Renewables.
The funds being infused in Ayana will largely go towards financing its development. Ayana will seek both greenfield development and purchases.