Sunsure Energy Plans Rs 50 Bn Funding for Renewable Expansion
POWER & RENEWABLE ENERGY

Sunsure Energy Plans Rs 50 Bn Funding for Renewable Expansion

Sunsure Energy, backed by Swiss private equity firm Partners Group, is set to raise Rs 50 billion in debt this year to fuel its ambitious renewable energy expansion plans. The company has earmarked a total investment of Rs 90-100 billion, to be secured through a combination of debt and equity.

With Rs 10 billionalready secured, Sunsure aims to raise Rs 100 billion in debt over the next two years, half of which will be mobilised in 2025. The company is actively engaging with both Indian and foreign banks, as well as non-banking financial companies (NBFCs), to secure additional funding.

Notably, Sunsure has already raised capital from key financiers, including Aditya Birla Group and Tata Cleantech Capital.

Growth Plans and Renewable Energy Targets Sunsure Energy aims to develop 3 GW of capacity by 2027, with 40% dedicated to utility-scale projects. The company is targeting an expansion to 10 GW by 2030, positioning itself as a major player in India's clean energy transition. By leveraging strategic funding and strong partnerships, Sunsure Energy is reinforcing its long-term commitment to sustainability and renewable energy leadership in India.

Sunsure Energy, backed by Swiss private equity firm Partners Group, is set to raise Rs 50 billion in debt this year to fuel its ambitious renewable energy expansion plans. The company has earmarked a total investment of Rs 90-100 billion, to be secured through a combination of debt and equity. With Rs 10 billionalready secured, Sunsure aims to raise Rs 100 billion in debt over the next two years, half of which will be mobilised in 2025. The company is actively engaging with both Indian and foreign banks, as well as non-banking financial companies (NBFCs), to secure additional funding. Notably, Sunsure has already raised capital from key financiers, including Aditya Birla Group and Tata Cleantech Capital. Growth Plans and Renewable Energy Targets Sunsure Energy aims to develop 3 GW of capacity by 2027, with 40% dedicated to utility-scale projects. The company is targeting an expansion to 10 GW by 2030, positioning itself as a major player in India's clean energy transition. By leveraging strategic funding and strong partnerships, Sunsure Energy is reinforcing its long-term commitment to sustainability and renewable energy leadership in India.

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