Artha Energy Resources, a renewable energy (RE) solutions company, has launched an RE investment platform, RenewShare, to enable fractional ownership of RE assets in the country.
The new platform will cater to investors interested in diversifying their existing portfolio while being a part of the fast-growing RE landscape in India. During its launch, the platform has already enlisted a special purpose vehicle (SPV) with assets worth Rs 70 million and an early investment commitment of Rs 100 million from investors, with RE assets spread across four cities. The company expects to facilitate over Rs 2 billion worth of transactions per annum by 2023- 2024.