Eversource Capital

Eversource Capital is an impact investment firm based in Mumbai, India, established in 2018. The firm serves as the fund manager for the Green Growth Equity Fund, which received initial investment from India's National Investment and Infrastructure Fund and the Department for International Development. Eversource Capital focuses on financing sectors such as contracted power, distribution infrastructure, electric mobility, green finance, and renewable energy services. Its primary objective is to minimize and mitigate the adverse effects on ecosystems, communities, and the climate through strategic investments in sustainable projects within India.

Prasanna Desai

Managing Director & Chief Operating Officer, Renewable Energy & Green Finance

Rupali Gupta

Managing Director, Business Development

Maheep Jain

MD

Dhanpal Jhaveri

CEO

Shishir Maheshwari

Managing Director, e-Mobility & Water Management

Satish Mandhana

Co-Chief Investment Officer & Senior Managing Director

Anoop Poddar

Senior Managing Director

Viral Rathod

Executive Director, Finance

Rishi Shukla

Executive Director

5 past transactions

Ayana Renewable Power

Private Equity Round in 2020
Ayana Renewable Power Private Limited develops utility-scale solar and wind generation projects in India, Bangladesh, Nepal, Bhutan, Myanmar, and Sri Lanka. Ayana Renewable Power Private Limited was founded in 2017 and is headquartered in Bengaluru, India.

RWDC Industries

Series B in 2020
RWDC Industries Ltd develops and manufactures medium chain length polyhydroxyalkanoate (mcl-PHA) biopolymers. It develops polyhydroxyalkanoate (PHA) emulsion coating, a water-based PHA emulsion for paper and paperboard that can replace polyethylene (PE) in plastic-lined food packaging and thermoplastic replacement technologies, which allows for direct drop-in-replacement for existing petroleum based plastic items such as polypropylene straws, polystyrene containers, coffee cups and lids, utensils, fibers and polyethylene bags. The company was founded in 2015 and is based in Singapore.

Origin Renewables

Acquisition in 2020
ORPL takes up the responsibility of working together with its customers and technical partners to provide a solution that is most cost effective by minimizing the overall life cycle cost of the project for customers. ORPL is a solution provider and not just a EPC contractor - they are looking to maximize the cost benefits and financial returns for their customers over the full life cycle of the asset.

RWDC Industries

Series A in 2019
RWDC Industries Ltd develops and manufactures medium chain length polyhydroxyalkanoate (mcl-PHA) biopolymers. It develops polyhydroxyalkanoate (PHA) emulsion coating, a water-based PHA emulsion for paper and paperboard that can replace polyethylene (PE) in plastic-lined food packaging and thermoplastic replacement technologies, which allows for direct drop-in-replacement for existing petroleum based plastic items such as polypropylene straws, polystyrene containers, coffee cups and lids, utensils, fibers and polyethylene bags. The company was founded in 2015 and is based in Singapore.

Ayana Renewable Power

Private Equity Round in 2019
Ayana Renewable Power Private Limited develops utility-scale solar and wind generation projects in India, Bangladesh, Nepal, Bhutan, Myanmar, and Sri Lanka. Ayana Renewable Power Private Limited was founded in 2017 and is headquartered in Bengaluru, India.