TAG: "British International Investment"

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ReNew Energy Gets USD 100 Million from BII to Expand Solar Manufacturing in India

The investment will see BII acquire a minority stake in ReNew Photovoltaics. The transaction is subject to customary approvals from lenders and regulatory authorities.

British International Investment | May 07, 2025 | By News Bureau |  1050

Aerem Secures INR 100 Crores in Series A Funding to Boost Solar Adoption in India

The company has successfully secured INR 100 crores in Series A funding. The funds will accelerate the company’s mission to unlock India’s vast distributed solar potential, which remains underpenetrated at just 17 percent of the total capacity—well below the global average of over 50 percent.

British International Investment | April 07, 2025 | By News Bureau |  640

Credit Fair Raises USD 5M from Symbiotics, Backed by BII, to Boost Solar Financing in India

The funding will strengthen Credit Fair to expand its presence in the rooftop solar financing space, primarily targeting residential as well as MSME customers.

British International Investment | February 19, 2025 | By Abha Rustagi |  527

ONGC NTPC Green Private Limited to Acquire 100 percent Equity Stake in Ayana Renewable Power

ONGC NTPC Green Private Limited (ONGPL), a 50:50 joint venture between ONGC Green Limited (OGL) and NTPC Green Energy Limited (NGEL), has signed a Share Purchase Agreement (SPA) to acquire a 100 percent equity stake in Ayana Renewable Power Private Limited (Ayana).

British International Investment | February 13, 2025 | By News Bureau |  997

IndiGrid, BII and Norfund Launch USD 300M EnerGrid Platform

IndiGrid, BII, and Norfund have partnered to create EnerGrid, a USD 300 million platform focused on greenfield transmission and Battery Energy Storage System projects, aiming to support India’s energy transition and rapidly growing power infrastructure needs.

British International Investment | November 13, 2024 | By EI News Network |  1029

BII and FMO Announce Joint Loan Commitment of USD 50 Million to BECIS

BECIS offers a wide array of services, such as rooftop solar, bio energy and energy efficiency solutions, tailored to meet the diverse needs of businesses and communities across Asia.

British International Investment | April 16, 2024 | By News Bureau |  1472

BII Commits USD 25 Million to Climate-Focused Fund in South Asia

This fund is dedicated to investing in companies and projects driving the transition to a low-carbon and resource-efficient economy, primarily focusing on India and parts of Southeast Asia.

British International Investment | December 06, 2023 | By Abha Rustagi |  1615

Ayana Renewable Power Ranks First in RE Sector by ISS ESG in Asia

Ayana Renewable Power, India’s leading Independent Power Producer (IPP) backed by NIIF (National Investment and Infrastructure Fund), BII (British International Investment), and GGEF (Green Growth Equity Fund), has been ranked 1st in Asia and among the top 3 companies globally in the renewable energy sector by ISS ESG.

British International Investment | November 03, 2023 | By News Bureau |  2255

Battery Smart Raises USD 33 Million in Pre-Series B Funding to Expand EV Battery Swapping Network in India

Notably, the Pre-Series B funding round participation from the company's existing investors such as Tiger Global and Blume Ventures, along with new investors, The Ecosystem Integrity Fund (EIF) and British International Investment (BII).

British International Investment | July 06, 2023 | By EI News Network |  2513

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