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Eversource shelves Radiance sale, seeks fresh funding as new CEO takes charge

Infrastructure

26 May, 2025

Eversource shelves Radiance sale, seeks fresh funding as new CEO takes charge

Radiance Renewables, the green energy firm backed by Eversource Capital, is looking to raise fresh capital through a mezzanine funding ......

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Grapevine: Eversource, BluSmart, Yulu, Whirlpool, and Rebel Foods in news

General

22 April, 2025

Grapevine: Eversource, BluSmart, Yulu, Whirlpool, and Rebel Foods in news

Private equity firm Eversource Capital has submitted a Rs 1,200 crore non-binding offer to take over EV ride-hailing firm BluSmart, ......

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Ecofy Finance secures $12.5 mn from offshore investor

Finance

25 March, 2025

Ecofy Finance secures $12.5 mn from offshore investor

Ecofy Finance, a green transition-focused non-banking financial company (NBFC), has secured capital from an offshore investor.  Co-founded by financial services veterans ......

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How the returns stack up for NIIF, BII and Eversource in exit from energy firm

Infrastructure

17 March, 2025

How the returns stack up for NIIF, BII and Eversource in exit from energy firm

Last month, a joint venture of state-run explorer Oil & Natural Gas Corp and NTPC Green Energy Ltd agreed to ......

NIIF, BII, Eversource to exit Ayana Renewable in $2.3-bn deal

Infrastructure

12 February, 2025

NIIF, BII, Eversource to exit Ayana Renewable in $2.3-bn deal

The National Investment and Infrastructure Fund (NIIF), British International Investment and private equity firm Eversource Capital have agreed to sell ......

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Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

General

25 September, 2024

Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

Swiggy has secured approval from Securities and Exchange Board of India (SEBI) for its initial public offering (IPO) of shares ......

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Bottomline: NIIF-controlled Ayana loses momentum as revenue growth slows, profit slumps

Infrastructure

20 September, 2024

Bottomline: NIIF-controlled Ayana loses momentum as revenue growth slows, profit slumps

The financial year 2023-24 was not a particularly fruitful one for green energy company Ayana Renewable Power Pvt Ltd as ......

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Eversource's Radiance teams up with infra investor PIDG for green energy play

Infrastructure

11 June, 2024

Eversource's Radiance teams up with infra investor PIDG for green energy play

Radiance Renewables, an Indian renewable energy company backed by private equity firm Eversource Capital, has formed a joint venture with emerging ......

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Bottomline: Greencell Express' loss widens, revenue jumps as e-bus rollout moves ahead

Infrastructure

29 May, 2024

Bottomline: Greencell Express' loss widens, revenue jumps as e-bus rollout moves ahead

GreenCell Express Pvt. Ltd, a wholly owned subsidiary of Eversource Capital-managed GreenCell Mobility Pvt. Ltd, likely ended the financial year ......

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Eversource to get a cheque from existing LP for smart metering platform

Infrastructure

09 April, 2024

Eversource to get a cheque from existing LP for smart metering platform

Climate-focused alternative investment firm Eversource Capital is set to receive funding from one of its existing limited partners for its ......

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