The renewable energy project developer raised the cash in a round led by Eversource Capital, which is 50% owned by power producer Lightsource BP.
Eversource Capital, the joint venture between solar power producer Lightsource BP and asset manager Everstone Group, has led a $330m funding round for India-based renewable energy project developer Ayana Renewable Power.
The round also featured the state-owned National Investment and Infrastructure Fund of India (NIIF) and CDC Group, the UK government-owned development finance organisation that set up Ayana, while Eversource is participating through its Green Growth Equity Fund.
CDC launched Ayana in January 2018 with an undisclosed amount of funding…