AIIB Leads ₹2,500cr Fundraising for Sustainable Energy InvIT
The Asian Infrastructure Investment Bank (AIIB) is at the forefront of a fundraising effort targeting ₹2,500 crore for the Sustainable Energy Infrastructure Investment Trust (InvIT), supported by the Mahindra Group. Domestic institutional investors (DIIs) are expected to actively participate in the initiative. AIIB, Dutch pension fund APG Asset Management, and the International Finance Corp (IFC) of the World Bank are among the contributors engaging in discussions to contribute capital to support sustainable energy infrastructure projects. The funding will specifically benefit Mahindra Susten, the Mahindra Group's renewable energy arm, collaborating with the Ontario Teachers' Pension Plan (OTPP) to strengthen their green infrastructure investment trust.