Announced

Completed

CDC, NIIF and EverSource Capital completed the $390m investment in Ayana Renewable Power.

Synopsis

Investment firms CDC, NIIF, EverSource Capital, completed the $390m investment in Ayana Renewable Power, an Indian renewable energy platform. NIIF became the majority shareholder in Ayana. CDC, NIIF, EverSource invested $70m, $284m, $36m respectively. “With committed like-minded shareholders and a strong management team, we are confident that Ayana will become a leading player in this space, over the next few years,” Sujoy Bose, NIIF Managing Director and CEO.

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