Investor Details
About IndiGrid
IndiGrid [BSE: 540565 | NSE: INDIGRID] is the first Infrastructure Investment Trust (InvIT) in the Indian power sector. It owns projects consisting of 59 transmission lines spanning ~10,237 ckms, 20 substations with ~33,335 MVA of transformation capacity, ~1.5 GWp of solar generation capacity, and ~2.5 GWh of Battery Energy Storage Systems. IndiGrid has assets under management (AUM) of over ~₹340 billion (~USD 3.5 billion). The investment manager of IndiGrid is wholly owned by KKR.
About British International Investment
British International Investment is the UK’s development finance institution and impact investor. As a trusted investment partner to businesses in Africa, Asia and the Caribbean, BII invests to create productive, sustainable and inclusive economies in our markets. Between 2022-2026, at least 30 per cent of BII’s total new commitments by value will be in climate finance. BII is also a founding member of the 2X Challenge which has raised over $33.6 billion to empower women’s economic development. The company has investments in over 1,580 businesses across 65 countries and total net assets of £8.5 billion.
About Norfund
Norfund is the Norwegian Investment Fund for developing countries with a mission to create jobs and improve lives by investing in businesses that drive sustainable development. Owned and funded by the Norwegian Government, Norfund is the Government’s most important tool for strengthening the private sector in developing countries and reducing poverty.
Norfund’s committed portfolio amounts to USD 3.6 billion, with investments across Sub-Saharan Africa, South/Southeast Asia, and Latin America. Additionally, Norfund manages the Norwegian Climate Investment Fund, which focuses on reducing or avoiding greenhouse gas emissions by investing in renewable energy in developing countries with large emissions from coal and other fossil fuel production.
