British International Investment (BII) and Copenhagen Infrastructure Partners (CIP) launch $300 million India renewable energy platform

Key facts

• British International Investment (BII) and Copenhagen Infrastructure Partners (CIP) have launched a $300 million renewable energy platform named North Star in India.
• BII and CIP will each commit up to $150 million to the platform, which is structured to attract additional institutional and private capital.
• North Star will invest across solar, wind, hybrid renewable energy, and storage projects.
• The platform is estimated to generate more than 4 million MWh of clean energy and avoid around 4 million tonnes of carbon emissions annually.
• North Star is the first investment under British Climate Partners (BCP), a £1.1 billion climate finance platform launched by BII as part of its five-year strategy for emerging Asian economies.