India's KPI Green Energy Eyes $1 Billion Renewables Trust Launch by 2028

India-based KPI Green Energy expects to raise up to $1 billion from the launch of an infrastructure investment trust backed by renewable energy assets, KP Group’s top executive told Reuters on Tuesday. KPI Green Energy Limited, a Gujarat-based solar and hybrid power generating company of KP Group, expects to launch the renewable infrastructure investment trust at the end of the 2027/2028 financial year, KP Group’s chairman and managing director, Faruk Patel, told Reuters. The planned trust is expected to have between 1.5 gigawatts (GW)…