British International Investment (BII) has launched North Star, a $300 million platform aimed at accelerating the development of renewable power projects in India. BII will invest $150 million in the platform, while another $150 million will be provided by Copenhagen Infrastructure Partners through its Growth Markets Fund II. Furthermore, the platform is the first investment under British Climate Partners, a £1.1 billion climate finance initiative launched by BII in April 2026 as part of its new five-year strategy.
Earlier, in January 2026, BII committed $33 million to GreenCell Mobility to accelerate zero emission public transport in India. This funding is part of a $89 million mezzanine financing jointly provided by BII, International Finance Corporation and Tata Capital.
Earlier, in October 2025, Blueleaf Energy and BII inked an agreement to accelerate clean energy projects in India. Under the agreement, Blueleaf Energy secured a $75 million financing facility from BII.
