Mahindra Group and Ontario Teachers’ co-sponsor ‘Sustainable Energy Infra Trust’ (SEIT), India’s largest Infrastructure Investment Trust in renewable energy. SEIT raises INR 1365 Crore (USD 165 Million) in primary capital, listing on the National Stock Exchange. Focused on scaling India’s renewable energy sector, SEIT holds 1.54 GW operational assets by Mahindra Susten. Both sponsors commit significant investments, supporting Mahindra Susten’s growth with a Right Of First Offer arrangement for future assets.
Mahindra Group and Ontario Teachers’ Co-Sponsor India’s Largest Renewable Energy InvIT, SEIT
India’s largest Renewable Energy Infra Trust (SEIT) takes a leap with a significant INR 1365 Crore raise, co-sponsored by Mahindra Group and Ontario Teachers. Image Source: Pexels
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