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SustVest raises $1.7 million to expand solar projects

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SustVest has secured $1.7 million in equity and debt during its Pre-Series A funding round. The round was led by Inflection Point Ventures and Antler, with participation from WEH Ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others. The funds will be used to acquire solar projects, scale marketing for its regulated platform, improve operations, and manage legal expenses. SustVest, a regulated platform for sustainable investments, offers fixed-income investment opportunities in renewable energy and provides…

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Apollo Green Energy targets Rs 100 billion project portfolio, IPO on horizon

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Apollo Green Energy Limited (AGEL), part of Apollo International Group, has announced plans to build a Rs 100 billion project portfolio by 2025.  Currently, its order book stands at Rs 35 billion, with active solar projects valued at Rs 25 billion under development across India. AGEL is preparing for a public listing in 2025 to support its expansion in renewable energy. The company reported significant revenue growth from Rs 3.25 billion in FY 2021-22 to…