Asset management group WiseEnergy has signed a multi-year contract with infrastructure investor Actis for its solar portfolio in India.
Wise will provide comprehensive asset management services for a 550MWp/400MWac portfolio of operational solar assets recently acquired by Acris Long Life Infrastructure Fund.
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The portfolio, comprising four assets located in Andhra Pradesh and Madhya Pradesh, was acquired last month from Acme Solar Holdings.
Rebecca Carter, managing director at WiseEnergy, said the agreement represented a “major milestone” for the company and increased its presence in India.
WiseEnergy is part of the NextEnergy Capital group, which includes solar asset investment vehicles such as NextEnergy Solar Fund.
