BII and Blueleaf Energy Join Hands with $75 Million to Drive India’s…

Sarah J · 2025-11-03T13:57:10.000Z

British International Investment (BII), the United Kingdom’s development finance institution, has announced a landmark $75 million financing facility to Blueleaf Energy, a leading pan-Asian renewable energy platform owned by Macquarie Asset Management. This significant investment aims to accelerate the expansion of renewable energy infrastructure across India, supporting the country’s ambitious goal of achieving 500 gigawatts of non-fossil fuel power capacity by 2030. The funding will bolster Blueleaf Energy’s efforts to develop nearly 2 gigawatts (GW) of utility-scale solar, wind, and energy storage projects. These projects are expected to generate over 3.2 gigawatt-hours (GWh) of clean energy annually, which will help India avoid approximately 3.1 million tonnes of carbon dioxide emissions each year. Shilpa Kumar, Managing Director and Head of India at BII, highlighted that this strategic partnership exemplifies their commitment to deploying catalytic capital to scale clean energy solutions and accelerate India’s decarbonization journey. Meanwhile, Raghuram Natarajan, CEO of Blueleaf Energy, emphasized that this investment is a strong vote of confidence in Blueleaf’s strategy and execution capabilities, reinforcing their shared ambition to drive the energy transition across India and the broader Asian region. This collaboration is not only pivotal for India’s energy security and sustainability targets but also positions Blueleaf Energy and BII as key players in driving the green transition at scale across emerging markets in Asia

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BII and Blueleaf Energy Join Hands with $75 Million to Drive India’s… | SEINET