Tag: Sanjay Grewal

Virescent raises Rs 4.6bn in India’s first renewable energy InvIT from AIMCo, Others

Virescent Infrastructure (Virescent), an Indian renewable energy platform sponsored by global investment firm KKR, has set up India’s first renewable energy infrastructure investment trust (“InvIT”), Virescent Renewable Energy Trust (“VRET”). VRET has raised INR4.6 billion (US$62 million) from a group of foreign and domestic investors. Leading the transaction, on behalf of its clients, is Alberta Investment Management Corporation (AIMCo),…