EverSource Capital has raised $ 340m-$350 m of a targeted $ 400 m for its Green Growth Equity Fund . CEO and managing director Dhanpal Jhaveri said the company is set on $ 1bn as the minimum commitment for the fund . India ’s National Investments and Investment Fund ( plc ) and the UK government have raised £ 120 m ( $ 158 m ) each . Asia - based EverSource , which has three offices in India , as well as elsewhere , targets decarbonisation projects in India and its first undertaking was a $ 330 m investment in Ayana ##nd with NIIF and the UK .
EverSource Capital has raised $340m-$350m of a targeted $700m for its Green Growth Equity Fund. CEO and managing partner Dhanpal Jhaveri said the company is set on $1bn as the minimum commitment for the fund. India’s National Investments and Infrastructure Fund (NIIF) and the UK government have contributed £120m ($158m) each. Asia-focused EverSource, which has three offices in India, as well as elsewhere, targets decarbonisation projects in India and its first undertaking was a $330m investment in Ayana Renewables with NIIF and the UK.