KKR-Sponsored Virescent Infrastructure Raises INR4.6 bn in India’s First Renewable Energy InvIT from AIMCo and other investors
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Wednesday, September 29, 2021
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Virescent Infrastructure (Virescent), a leading Indian renewable energy platform sponsored by global investment firm KKR, has set up Indias first renewable energy infrastructure investment trust (InvIT), Virescent Renewable Energy Trust (VRET).
Key Points:
- Virescent Infrastructure (Virescent), a leading Indian renewable energy platform sponsored by global investment firm KKR, has set up Indias first renewable energy infrastructure investment trust (InvIT), Virescent Renewable Energy Trust (VRET).
- View the full release here: https://www.businesswire.com/news/home/20210928006194/en/
KKR set up Virescent in October 2020 to acquire operating renewable energy assets in India. - We will continue to support Virescent and its management team in providing greater renewable energy solutions to communities across India.
- Ahmed Mubashir, Director, Infrastructure & Renewable Resources at AIMCo, said, AIMCo is excited to expand its geographic footprint in Asia through its investment in Indias first renewable energy InvIT.