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Mahindra Susten draws up plan to step up its green energy play, plans to invest ₹21,000 cr in next 5 years

Mahindra Susten plans to invest ₹21,000 crore in a 5.5 GW renewable energy portfolio over 5 years with Ontario Teachers Pension Plan. The company aims to avoid a heavy debt burden through asset flipping and expand into the hybrid renewable energy sector. ....

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Mahindra InvIT: Mahindra's energy InvIT SEIT raises Rs 1,365 cr

Mahindra Group and Ontario Teachers Pension Plan Board have listed their Infrastructure Investment Trust (InvIT) in the renewable energy sector. The InvIT - Sustainable Energy Infra Trust (SEIT) raised a primary capital of Rs. 1365 crore ($165 million) as part of the initial offer of units. The offer was subscribed by global and Indian investors, including Asian Infrastructure Investment Bank (AIIB). ....

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Mahindra, Canadian fund OTPP's green energy InvIT to list via $282 mn offering

Sustainable Energy Infra Trust (SEIT), a renewable energy infrastructure investment trust (InvIT) formed jointly by the Mahindra Group and Canada’s Ontario Teachers’ Pension Plan (OTPP) last .. ....

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