EverSource Capital to invest $1 billion in India's renewable energy sector
- EverSource Capital, a JV of Everstone and Lightsource, is looking to make the investment via its Green Growth Equity Fund
- NIIF and the UK government have invested £120 million each in EverSource Capital's Green Growth Equity Fund
Mumbai: EverSource Capital, the joint venture between private equity firm Everstone Capital and global solar project developer Lightsource BP, is looking to invest over $1 billion in renewable energy investments through its Green Growth Equity Fund, said a senior company executive.The National Investments and Infrastructure Fund (NIIF) of India and the UK government are anchor investors in Green Growth Equity Fund.
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