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BII

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Financings

ReNew secures Rs 8.7 billion investment from BII to expand solar manufacturing 

May 7, 2025

ReNew Energy Global has secured an investment of Rs 8.7 billion from British International Investment (BII). The investment will be made in the company’s subsidiary, ReNew Photovoltaics. It is aimed at expanding ReNew Photovoltaics’ operations, […]

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Financings

Credit Fair secures $5 million from Symbiotics Investments to finance rooftop solar in India

February 19, 2025

Credit Fair has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. This bond was subscribed to by British International Investment (BII)  with a focus on expanding renewable energy […]

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International News

BII commits $95 million to support climate actions in South-East Asia

January 24, 2025

British International Investment (BII) has announced a commitment of $95 million to advance climate action in South-East Asia. This includes a $70 million investment through a top-up commitment to the SUSI Asia Energy Transition Fund […]

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Projects

IndiGrid, BII and Norfund to launch $300 million platform for BESS projects

November 14, 2024

IndiGrid, British International Investment (BII), and the Norwegian Climate Investment Fund managed by Norfund have launched EnerGrid, a $300 million platform for developing greenfield transmission and standalone battery energy storage system (BESS) projects in India. […]

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Financings

ChargeZone raises $19 million finance from BII

May 2, 2024

British International Investment (BII), the UK government’s development finance institution, has committed $19 million to ChargeZone, the electric vehicle (EV) charging startup. The startup plans to use the funds to accelerate the growth of its […]

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Financings

BII and FMO collaborate to provide $50 million financing for BECIS

April 16, 2024

British International Investment (BII), the UK’s development finance institution and impact investor, along with FMO, the Dutch entrepreneurial development bank, have revealed a shared commitment of $50 million in loans to BECIS for assisting renewable […]

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Financings

BII allocates $25 million to GEF SAGF III for green initiatives in India

December 6, 2023

The UK’s development finance institution and impact investor, British International Investment (BII), has committed $25 million to the first closing of the GEF South Asia Growth Fund III (GEF SAGF III). The Fund will primarily […]

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