Macquaire group company to invest Rs 256 crore in solar power

Lightsource Renewable Energy and the Macquarie group have entered into a partnership platform to fund the development, acquisition and ownership of large-scale solar power generation assets in India. Macquaire is entering the market through UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, and would put in GBP30 million (Rs 256 crore).

UK Climate Investments and Lightsource will jointly target the greenfield development and acquisition of operational utility scale solar assets in India with the aim of seeding a platform that can create high-quality de-risked investment opportunities in one of the world’s fastest-growing solar