KKR-Sponsored Virescent Raises ₹4.6 Billion for its Renewable Energy InvIT
The company has a portfolio of nine solar projects with a total capacity of 395 MW
September 29, 2021
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Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIt) from KKR’s Virescent Infrastructure, has raised ₹4.6 billion (~$62 million) from foreign and domestic investors. Alberta Investment Management Corporation (AIMCo), a Canada-based institutional investment manager, led the funding round.