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BusinessOct 16, 2025 05:34 PM

IPO-bound EAAA Alternatives raises $60 million from EIB for energy transition fund

EAAA Alternatives, formerly known as Edelweiss Alternatives, has raised a $60 million commitment from the European Investment Bank (EIB) for its India Energy Transition Fund, which targets a corpus of USD 300 million. The fund will be used for investing in renewable energy, energy storage, electric mobility, and other green infrastructure assets. "The fund has a target size of $300 million and will channel equity and quasi-equity into greenfield infrastructure projects and growth-stage compani ...Read More >

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BusinessJun 30, 2025 05:17 PM

Sitharaman to push for Global South reforms at UN, BRICS, NDB meetings | Today News

New Delhi: Finance minister Nirmala Sitharaman will advocate for greater financial support to developing countries, stronger development banks tailored to Global South priorities, and enhanced private sector participation in sustainable growth initiatives at three high-level international meetings in July. Sitharaman is on an official visit from 30 June to 5 July to attend the UN's Financing for Development conference in Spain, the 10th annual meeting of the New Development Bank (NDB) in Rio de ...Read More >

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