Nereus Capital Appoints Rajesh C As Managing Director

By Shrija Agrawal

  • 19 May 2011

Nereus Capital, an India-based renewable energy-focused private equity fund, has roped in Rajesh C. as its managing director. In his new role, Rajesh will help identify investment opportunities in the Indian renewable energy sector. Prior to joining Nereus, he served as head of investments at PTC India Financial Services Ltd and Green Infra Ltd (an Indian renewable energy producer).

Over the past 12 years, Rajesh had been involved in 12 power sector-related transactions worth $340 million aggregate capital and presenting 1,800 MW cumulative power generation capacity. Also, Rajesh had personally led eight transactions in the renewable energy sector, representing $280 million of aggregate capital and 1,420 MW of cumulative power generation capacity, a press statement said.

“He brings an impressive track record of investing in and developing Indian renewable energy projects, including over 1,200 MW of aggregate capacity across wind, biomass, solar and hydro-electric projects,” said Jonathan Winer, managing director of Nereus Capital.


With Green Infra, Rajesh led an investment team that built an operating asset pipeline of over 164 MW, making the company one of the fastest-growing renewable power producers in India. At Power Trading Corporation, he was responsible for setting up the financial services and private equity practice, and for leading investments in the Indian Energy Exchange, as well as the biomass and wind sectors.

“Nereus offers a unique investment platform that combines a proven private equity team with an extensive track record in India and a sector-focused team, thus enabling the fund to pursue differentiated investment opportunities,” said John Zimmerman, managing director of Northern Lights Capital Group, a strategic investor in Nereus Capital.

Nereus Capital is a private equity firm focused on investments in renewable energy and clean technology in India. It is currently making investments out of its India Energy Fund and typically puts $5 million to $25 million in equity or equity-linked securities into clean and renewable power generation companies.



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