India’s Serentica Renewables to Invest $11 Billion in Clean Energy

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Serentica Renewables plans to invest $11 billion in clean energy by the end of the decade, with a focus on project acquisitions and new capacity build outs, backed by a $6-8 billion funding raise over the next five years.

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76%

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India’s Serentica Renewables plans to invest up to $11 billion to boost its clean energy portfolio by the end of the decade via project acquisitions and new capacity build outs, chairman Pratik Agarwal has told Reuters. Serentica Renewables, backed by global private equity giant KKR, plans to raise over the next five years between $6 billion and $8 billion to help fund its expansion plans, according to the executive. The funds will help finance acquisitions of operating projects or projects under construction, as well as the construction…

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