said\u00a0Nick Boyle, Group CEO of Lightsource BP<\/a>. “We know the market well through our renewable projects and we\u2019re delighted to be teaming up with Everstone Group which complements our skill-set in the country.\u201d<\/p>\n\u201cThe joint initiative and commitment of India\u2019s National Investment and Infrastructure Fund and the UK Government to invest in and develop green infrastructure in India is a unique and amazing investment opportunity,” added\u00a0Sameer Sain, Co-Founder and CEO, Everstone Group. “By using a pooled investment vehicle and a Public plus Private Partnership approach global investors will get the opportunity to be part of this exceptional investment platform. Everstone and Lightsource BP via their joint venture EverSource Capital are proud to have been selected as the Investment Manager for this fund, and will also be making a significant investment along with the UK government and NIIF.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Leading Indian and Southeast Asia business group Everstone Group has partnered with leading global renewable energy company Lightsource BP to form EverSource Capital, a fund management platform intended to support green energy infrastructure in India, with financial kickoff support from the\u00a0UK Government and India\u2019s National Investment and Infrastructure 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<\/a>The two companies announced the partnership on Wednesday, a 50\/50 joint venture that will manage India-focused green infrastructure funds — targeting\u00a0contracted power, distribution infrastructure, and energy services. The new joint venture will provide the funds along with the backing of each company’s financial and strategic resources.<\/p>\n