The Asian Infrastructure Investment Bank (AIIB) has invested around USD58.4 million in India’s largest renewable energy infrastructure investment trust (InvIT).
The InvIT (Sustainable Energy Infra Trust or SEIT), has eight operating solar power generation assets of 1.54 GW-peak total capacity located nationwide in India. SEIT is co-sponsored by Mahindra Susten Private Limited, the dedicated renewable energy platform of one of the largest Indian multinational conglomerates (the Mahindra Group) and Ontario Teachers’ Pension Plan, a leading global institutional investor.