EverSource Capital is a joint venture between Everstone Group and Lightsource BP, a global leader in renewables. EverSource Capital will make green and sustainable investments in India through the Green Growth Equity Fund (GGEF), a fund managed by Eversource. Anchor investors in this fund include the National Investment and Infrastructure Fund of India “NIIF” and the UK Government.
Everstone Group’s extensive track record of scaling world-class businesses, across the Private Equity and Infrastructure sectors, makes us the ideal partner for investing in India’s rapidly growing green growth market, through a unique partnership and differentiated investment approach.
EverSource is looking to take a controlled private equity approach with a sector focus on broad themes of decarbonisation of energy and its uses, across renewable energy, energy efficiency, energy storage, e-mobility, resource conservation, and associated value chain.
For more information, please visit www.eversourcecapital.com
Ayana Renewable Power Private Limited
Ayana Renewable Power has been set up to develop significant megawatts (MWs) of renewable energy generation capacities in India and its neighbouring countries in South Asia, namely Bangladesh, Nepal, Bhutan, Myanmar and Sri Lanka. It has been launched to develop utility-scale solar and wind generation projects across growth states in India. It is currently constructing 500MW of solar generation capacity with a strong future pipeline of renewable energy opportunities. With a management team that has a track record of successful execution of renewable energy projects, Ayana is well placed to play an essential role in India’s ambition to build 175 GW of renewable energy capacity. In doing so, it will help meet the objective of ensuring transition to low carbon power generation, creating job opportunities in the renewable power sector and contributing towards the development of communities near locations where its power projects will be set up. For more information, please visit www.ayanapower.com