Mahindra, Ontario Teachers Launch ₹22.63 Billion Renewable Infra Investment Trust
The fund raised ₹13.65 billion in the initial offering
January 16, 2024
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Mahindra Group and Ontario Teachers’ Pension Plan Board have announced an Infrastructure Investment Trust (InvIT), dubbed Sustainable Energy Infra Trust (SEIT), with an initial capital raise of ₹13.65 billion ($165 million) to advance the renewable energy sector in India.