Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 14 October 2025: On Tuesday, EIB Global, the development arm of the European Investment Bank (EIB), announced a commitment of USD 60 million to the India Energy Transition Fund managed by EAAA Alternatives.
The fund aims to raise a total of USD 300 million in equity funding to support renewable energy projects in India. A formal agreement was signed between EAAA Alternatives and EIB in New Delhi.
EIB Vice-President Nicola Beer stated that the USD 60 million investment will help accelerate private sector investment and promote decarbonisation efforts through this new greenfield infrastructure fund.