Announced
Completed
Financials
Tags
Completed
Renewable Energy Equipment
India
renewable energy platform
Acquisition
Friendly
Private
Majority
Cross Border
Private Equity
Single Bidder
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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