Actis turns to WiseEnergy for India solar asset management deal
Image: Sanyam Bagha/Flickr.
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.
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.
Also read...
-
Plans progress for 600MW floating solar project in India, energisation expected by 2023
-
Adani to develop 600MW solar-wind hybrid project following SECI auction success
-
Solar tariffs in India hit record low after Gujarat’s 500MW auction
-
Solar ‘becoming ubiquitous’ in emerging markets as clean energy investment from abroad reaches record high
-
36 markets to deploy more than 1GW of solar by 2029: Fitch
Comments