EIB Global to invest $60 million in India Energy Transition Fund
EIB Global, the development arm of the European Investment Bank (EIB), will invest up to $60 million in the India Energy Transition Fund, a new greenfield infrastructure fund managed by EAAA Alternatives. The fund aims to accelerate private capital investments in sustainable infrastructure and support India’s decarbonisation goals. The fund has a target size of $300 million and will provide equity and quasi-equity to greenfield infrastructure projects and growth-stage companies. Investments will focus on renewable…