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Synopsis
Global Infrastructure Partners, an infrastructure investment fund, completed a $333.5m investment in Aditya Birla Renewables, a renewable energy provider. “We are excited to partner with Aditya Birla Group, one of India’s leading conglomerates, as today’s announcement will allow us to continue to support innovation at scale. GIP’s experience in infrastructure across the globe, combined with Aditya Birla’s technical, operational and industrial capabilities, aims to develop Aditya Birla Renewables into a leading renewable platform that can contribute to the Indian industry’s decarbonization objective. Our investment reflects GIP’s confidence in India’s renewables sector and our commitment to advancing the energy transition in India," Raj Rao, GIP President and Chief Operating Officer.
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