InSolare Energy, a renewable developer and engineering, procurement, and construction (EPC) company based in Bengaluru, has secured 660 million in a growth funding round. Negen Capital spearheaded the funding, joined by Anchorage Capital Fund and Khazana Tradelink. The funds will be utilised by the company to strengthen its portfolio and improve its capabilities in EPC execution.
In 2023, the company reported the successful conclusion of several projects, such as a 70 MW solar park in Jalna, a 90 MW solar park in Karnataka, and a 40 MW captive project for a major cement company in Chhattisgarh.
InSolare Energy currently holds EPC orders exceeding 300 MW, with an additional 500 MW of solar parks are in the process of being executed. The company is a customer-focused provider of renewable energy solutions with over 14 years of experience in delivering services to commercial and industrial clients across India.
