Brookfield Invests Over $200 Million in Leap Green Energy

15 Jul 2024 CW Team

Brookfield's upfront commitment includes an equity investment exceeding $200 million, achieved through a mix of subscribing to new shares and acquiring existing shares from current shareholders. Moreover, Brookfield holds the option to inject an additional $350 million in equity capital to fuel the company's future growth.

With this partnership, Brookfield aims to work alongside Leap Green's existing shareholders to enhance the company's capabilities, targeting a platform growth to over 3 GW in capacity within the next four to five years. This investment will be channeled through the Brookfield Global Transition Fund I (BGTF I).

Tamil Nadu presents a significant opportunity for Leap Green, with a rapidly expanding renewable C&I market valued at 20 GW. Nawal Saini, Managing Director and Head of Renewable Power & Transition for South Asia and the Middle East at Brookfield, expressed enthusiasm about the partnership, stating, ?We are pleased to partner with Leap Green and look forward to supporting them in their growth ambitions. Our partnership provides an important opportunity to meet the demand in the C&I segment and deliver outcomes where decarbonization and value creation are in total alignment.?

Rajeev Karthikeyan, Founder and MD of Leap Green, and Dev Anand Vijayan, Founder and CEO, echoed this sentiment, expressing their excitement about collaborating with Brookfield to scale Leap Green into a multi-billion-dollar renewable energy and transition platform while focusing on their core market in Tamil Nadu.

Brookfield stands as one of the world?s largest renewable power investors, boasting approximately 33 GW of generating capacity and a robust development pipeline of over 155 GW. This partnership marks a pivotal step towards advancing clean energy solutions in India?s burgeoning renewable sector.

The Canadian investment fund Brookfield has made a significant equity investment in Leap Green Energy, a Tamil Nadu-based renewables platform dedicated to providing clean energy solutions for commercial and industrial (C&I) customers. According to a recent press release, Brookfield has secured a majority controlling stake in the company through definitive strategic investment agreements. Brookfield's upfront commitment includes an equity investment exceeding $200 million, achieved through a mix of subscribing to new shares and acquiring existing shares from current shareholders. Moreover, Brookfield holds the option to inject an additional $350 million in equity capital to fuel the company's future growth. With this partnership, Brookfield aims to work alongside Leap Green's existing shareholders to enhance the company's capabilities, targeting a platform growth to over 3 GW in capacity within the next four to five years. This investment will be channeled through the Brookfield Global Transition Fund I (BGTF I). Tamil Nadu presents a significant opportunity for Leap Green, with a rapidly expanding renewable C&I market valued at 20 GW. Nawal Saini, Managing Director and Head of Renewable Power & Transition for South Asia and the Middle East at Brookfield, expressed enthusiasm about the partnership, stating, ?We are pleased to partner with Leap Green and look forward to supporting them in their growth ambitions. Our partnership provides an important opportunity to meet the demand in the C&I segment and deliver outcomes where decarbonization and value creation are in total alignment.? Rajeev Karthikeyan, Founder and MD of Leap Green, and Dev Anand Vijayan, Founder and CEO, echoed this sentiment, expressing their excitement about collaborating with Brookfield to scale Leap Green into a multi-billion-dollar renewable energy and transition platform while focusing on their core market in Tamil Nadu. Brookfield stands as one of the world?s largest renewable power investors, boasting approximately 33 GW of generating capacity and a robust development pipeline of over 155 GW. This partnership marks a pivotal step towards advancing clean energy solutions in India?s burgeoning renewable sector.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..