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...
22 Apr, 2025, 07.12 PM IST
ONGC, NTPC Green JV set to buy Ayana Renewable for $750 millionONGC NTPC Green Pvt Ltd (ONGPL) is acquiring a 100% stake in Ayana Renewable Power for $700-750 million. The deal values Ayana at $1.7-1.8 ...
04 Dec, 2024, 11.38 PM IST
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...
07 Aug, 2024, 09.21 PM IST
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...
09 Jul, 2024, 11.27 PM IST
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...
05 Dec, 2023, 02.21 PM IST
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...
19 Apr, 2023, 12.42 AM IST
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...
25 Nov, 2022, 11.48 AM IST
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...
18 Jan, 2022, 08.38 PM IST
PE funds invest $390 mn in renewable energy platform AyanaWith a $284 mn investment, NIIF is largest shareholder of Ayana
17 Dec, 2020, 07.28 PM IST
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...
10 Feb, 2020, 08.51 PM IST
EverSource, NIIF buy stake in Ayana Renewable for $330 millionAll three partners will invest $330 million cumulatively, according to a company statement.
28 Feb, 2019, 12.19 PM IST
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, ...
18 Feb, 2019, 08.06 AM IST
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 ...
26 Oct, 2018, 10.49 PM IST
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...
26 Oct, 2018, 09.40 AM IST
Solar power firm FRV in talks with funds to sell India projectLike FRV, several foreign entities are in the process of exiting their solar businesses in India. Last week, Finnish firm Fortum sold 54% o...
19 Jun, 2018, 10.12 AM IST
NIIF commits 120 million pounds in partnership with UK govt to launch Green Growth Equity FundThe fund that aims at raising 500 million pounds will enable international institutional investors to invest in areas such as renewable ene...
19 Apr, 2018, 09.00 PM IST
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...
06 Feb, 2016, 12.42 PM IST