Asian Infrastructure Investment Bank (AIIB) is set to spearhead a fundraising round worth Rs 2,500 crore for the Sustainable Energy Infrastructure Investment Trust (InvIT) supported by the Mahindra Group. In this initiative, various domestic institutional investors (DIIs) will also be actively participating, according to sources familiar with the matter.
AIIB’s Leadership: The Asian Infrastructure Investment Bank (AIIB) is positioned as the lead investor in this substantial funding effort, emphasizing its commitment to supporting sustainable energy infrastructure projects.
Strategic Global Participation: Alongside AIIB, Dutch pension fund APG Asset Management and the International Finance Corp (IFC) of the World Bank are engaged in separate discussions to contribute capital to this initiative.
Mahindra Susten and Canadian Pension Collaboration: The funding will specifically benefit Mahindra Susten, the renewable energy arm of the Mahindra Group, and collaborate with the Canadian pension fund (OTPP) to bolster their green infrastructure investment trust.
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