Evren has secured a USD100 million investment from ALTÉRRA to advance its 11 GW pipeline of solar, wind, and battery storage projects across Rajasthan and Andhra Pradesh.
The investment, made via the ALTÉRRA acceleration fund alongside Brookfield global transition fund II and other investors, marks ALTÉRRA’s first direct investment in the Global South. It will support Evren’s contribution to India’s target of achieving 500 GW of installed renewable energy capacity by 2030.