EverSource Capital (a joint venture between Everstone Capital and Lightsource BP) and the National Investment and Infrastructure Fund of India (NIIF) have announced a partnership with CDC Group in Ayana Renewable Power (Ayana), the renewable energy platform founded by CDC.
Ayana was launched to develop utility scale solar and wind generation projects across growth states in India. It is currently constructing 500MW of solar generation capacity with a strong future pipeline of renewable energy opportunities.
With a management team that has a track record of successful execution of renewable energy projects, Ayana is well placed to play an important role in India’s ambition to build 175 GW of renewable energy capacity.
Standard Chartered Bank acted as the exclusive financial advisor to Ayana Renewable Power Private Limited.
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