Brookfield to invest in clean energy platform Leap Green Energy

12 Jul 2024 CW Team

Canadian asset management firm Brookfield has announced a strategic equity investment of $550 million in Leap Green Energy, a renewable energy platform based in Tamil Nadu. This investment includes an initial commitment of $200 million, with the remaining $350 million to be infused in the future to support the company's growth. Brookfield has acquired a majority controlling stake in Leap Green Energy through a combination of new share subscriptions and acquisition of shares from current shareholders. The investment will be facilitated through the Brookfield Global Transition Fund I (BGTF I), which focuses on accelerating the global transition to a net-zero carbon economy while delivering strong risk-adjusted returns to investors. Brookfield aims to collaborate with Leap Green Energy?s existing shareholders to enhance the company's capabilities and expand its platform to over 3 GW within the next four to five years. Leap Green Energy, currently with 775 MW of wind and solar assets in operation and under construction, is well-positioned to cater to the decarbonization targets of the commercial and industrial (C&I) segment in Tamil Nadu, which has a growing renewable C&I market of 20 GW. Nawal Saini, Managing Director & Head- Renewable Power and Transition for South Asia and the Middle East, Brookfield, expressed enthusiasm about the partnership, highlighting the potential to meet the demand in the C&I segment and align decarbonization with value creation. Rajeev Karthikeyan and Dev Anand Vijayan, Founders of Leap Green Energy, emphasised their excitement to scale Leap Green into a multibillion-dollar renewable platform while focusing on their home market of Tamil Nadu.

Brookfield is one of the world?s largest investors in renewable power, with around 33 GW of generating capacity and a development pipeline exceeding 155 GW. In India, their renewable power and transition portfolio includes over 25 GW of wind and solar assets in operation, construction, and development.

This strategic investment by Brookfield in Leap Green Energy is poised to significantly contribute to the advancement of sustainable energy solutions in India. (Source: Business Standard)

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..

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..

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..