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…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.