British International Investment

India | News | Renewable Energy

BII commits USD 75 million to Blueleaf Energy for renewable expansion in India
By October 31, 2025October 31, 2025

British International Investment (BII) is deepening its presence in India’s renewable energy sector through a series of strategic investments spanning generation, transmission, and manufacturing. In its latest move, BII has committed a USD 75 million financing facility to Blueleaf Energy to support the development of large-scale solar, wind, and battery storage projects. The initiative is expected to add nearly 2 GW of clean energy capacity and generate more than 3.2 GWh of renewable power annually….

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India | News

CCI clears BII’s investment in ReNew’s solar manufacturing arm
By July 7, 2025July 7, 2025

The Competition Commission of India (CCI) has approved British International Investment’s (BII) proposed investment in ReNew Photovoltaics Private Limited. BII will invest through a securities subscription arrangement in ReNew’s solar manufacturing arm, which focuses on producing solar modules and cells in India. BII has made several climate-focused investments in the country over the past two years. In May 2025, BII invested $100 million in ReNew Energy Global Plc to support India’s solar manufacturing ecosystem. The…

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India | News

ReNew secures Rs 8.7 billion from BII for solar cell manufacturing
By May 8, 2025May 8, 2025

ReNew Energy Global has secured an investment of Rs 8.7 billion from British International Investment (BII) in its subsidiary, ReNew Photovoltaics. This is BII’s first investment in India’s solar manufacturing sector and involves the acquisition of a minority stake in the subsidiary. The funding will be used to build a new 4 GW TOPCon solar cell facility in Dholera, Gujarat. Once complete, ReNew’s total manufacturing capacity will rise to 6.4 GW of solar modules and…

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India | News

BII commits Rs 2.8 billion to boost India’s EV sector
By December 5, 2024December 5, 2024

British International Investment (BII) will invest USD 33.5 million (approximately Rs 2.8 billion) in three companies within India’s electric vehicle (EV) ecosystem. The investment includes USD 15 million in debt financing for Mumbai-based fleet operator Everest Fleet and USD 15 million in equity funding for EV manufacturer TI Clean Mobility, a subsidiary of Tube Investments India. Additionally, USD 3.5 million will go to Delhi-based EV component maker Vecmocon to enhance R&D and expand its presence…

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