IFC Investing USD 20 Million in Nereus India Alternative Energy Fund

International Finance Corporation (IFC) Investing USD 20 Million in Nereus India Alternative Energy Fund.

International Finance Corporation (IFC), a member of the World Bank Group, is investing $20M in Nereus India Alternative Energy Fund, India’s first dedicated renewable energy fund that will promote the development and use of clean and renewable energy technologies, helping reduce the country’s growing carbon footprint. The investment will help the fund provide growth capital to small and medium companies that develop, construct, and operate renewable and clean energy power generation assets, or deploy clean energy technologies in India.

 

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