ETtech Deals Digest: Startups raise $343 million this week, down 69% on-yearThe number of deals during the week was down significantly at 29, compared to 44 in the corresponding week last year.
Renewables firm Radiance raises $100 mn from Danish fund, FMORadiance Renewables secured $100 million in funding. This investment will fuel expansion into solar, wind-solar, and behind-the-meter proje...
Eversource makes Rs 1,200 crore offer for BluSmart, but deal clouded by Gensol probeEversource’s offer may not result in a deal due to probes at BluSmart’s sister concern Gensol; Eversource may directly negotiate with lende...
Anmol Jaggi pitched strategic changes at BluSmart ahead of Sebi crackdown on GensolHours before the Sebi interim order unmasking irregularities at Gensol Engineering, BluSmart cofounder Anmol Singh Jaggi wrote to sharehold...
Targeting to avoid 30 mn tonnes of GHG emissions by 2030, says Dhanpal Jhaveri, Eversource CEOEversource Capital planned significant investments to support India's net zero transition, targeting a reduction of 30 million tonnes of em...
Green energy may power industries in-house demand: Eversource CEO Dhanpal JhaveriIndia's captive industrial power consumption, currently around 90 gigawatts from fossil fuels, has significant potential for renewable ener...
Climate investor Eversource receives grant funding from US and Danish governmentsEversource, a climate investment joint venture between Everstone Group and Lightsource BP, has received catalytic concessional capital from...
Eversource Capital, JSW Neo shortlisted for buyout of Continuum Green EnergyThe two bidders were among five that submitted non-binding indicative offers in early April. They will now conduct due diligence on the com...
Spencer’s Retail MD Devndra Chawla steps down; to join GreenCell Mobility as CEOIn a regulatory filing, the retail company said Chawla has tendered his resignation from the position of chief executive and managing direc...
India’s 'Green' retail NBFC Ecofy promoted by Eversource Capital launchedEcofy’s offerings include loans, leases, insurance, warranties, and buybacks for all green needs. Ecofy is born digital and uses technology...
EverSource closes climate impact fund at $741 millionEverSource is investing to combat climate change by focusing on the decarbonization of energy and resource efficiency. The Fund actively in...
Eversource buys ex investment banker's biz, enters solar rooftop spaceOrigin Renewables, which develops and invests in solar rooftop and other renewable projects on a Operational Expenditure (OPEX) or Build Ow...
EverSource, NIIF buy stake in Ayana Renewable for $330 millionAll three partners will invest $330 million cumulatively, according to a company statement.
EverSource eyes minority stake in CDC-backed AyanaEverSource plans to invest about $100 million in Ayana, backed by CDC Group Plc, the development finance institution owned by the UK govt, ...
EverSource to invest up to $150 million in green firm of former Ostro Energy executivesRanjit Gupta and Murali Subramanian, former CEO and COO, respectively, of Actis LLP’s Ostro Energy, will raise about $100-150 million from ...
EverSource to back renewable firm of ex.Ostro Energy executivesEverSource was launched at a time when several renewable power producers were in fundraising mode either by selling minority, or a controll...
US firm Eversource Energy accused of replacing American employees with H-1B visa workersDemocratic Senator Richard Blumenthal asked the Justice Department to investigate allegations that 'Eversource Energy' abused foreign worke...