The Emerging Africa and Asia Infrastructure Fund (EAAIF), the Private Infrastructure Development Group (PIDG) company managed by Ninety One, has extended a $10 million debt facility to Greenko Group, a subsidiary of Greenko Energy Holdings.
Greenko Group is a privately owned renewable-energy company in India with a net installed capacity of 11 gigawatts across 20 Indian states. Greenko Group’s shareholder base includes sovereign wealth funds GIC and ADIA.
The EAAIF provides long-term commercial debt to deliver inclusive and impactful infrastructure projects in Africa and Asia. The fund said this financing supports Greenko’s broader capex program as it continues to scale clean-energy capacity across India.
“Together, we’re helping unlock sustainable growth and climate resilience in some of the world’s most dynamic regions,” stated the EAAIF in a LinkedIn posting.
The financing announces comes amid news that Japan-based ORIX has plans to
