Latest news with #NexGenEnergia
Time of India
30-04-2025
- Business
- Time of India
PE-VC investments jumps by 27% in Jan-April CY2025
CHENNAI: Private Equity - Venture Capital (PE-VC) investments rose by 27% YoY during the Jan-April period of CY2025 at $11.8 billion against $9.3 billion in the same four months period last year. The PE investments exclude those from the real estate sector. In April (2025), the investments stood at $2.7 billion, data released by research firm Venture Intelligence on Wednesday said. Of the total 360 PE-VC deals this year, April accounted for 88. Green energy firm NexGen Energia securing $1 billion investment from Kuwait's Capital Edge to boost its compressed biogas (CBG) infrastructure across India led the PE-VC investments last month. It was followed by IDFC FIRST Bank set to raise up to $877 million from affiliate firms of private equity group Warburg Pincus and the Abu Dhabi Investment Authority (ADIA) sovereign wealth fund. "The fact that Warburg Pincus, which was a prior investor in IDFC First (even before the bank went public), has chosen to re-enter the bank via a private placement, is another interesting development," Arun Natarajan, founder, Venture Intelligence told TOI. "Overall, April had a significant flavour of renewable energy to it - quite appropriate given the onset of summer. Among tech deals, fintech startups received special attention led by Juspay, which attracted $60 million led by PE investor, Kedaara Capital, followed by travel card startup Scapia that raised $40 million and another payments enabler Easebuzz ($30 million)," he added. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Business Standard
21-04-2025
- Business
- Business Standard
Kuwaiti Company to Invest $1 Billion USD in NexGen Energia's Green Energy Initiatives
PNN New Delhi [India], April 21: In a milestone move that reflects increasing global faith in India's renewable energy industry, Noida green energy firm NexGen Energia Ltd has raised a $1 Billion USD investment pledge from regional investment behemoth Capital Edge of Kuwait. Equity-based funding will enable NexGen Energia, India's leading installer of Compressed Bio-Gas (CBG) plants, to expand its CBG infrastructure across the country, supporting the country's shift to clean energy and energy self-reliance. This strategic infusion represents a sea change for NexGen Energia, which has emerged as an increasingly important contributor to India's clean energy movement. Fostering India's Green Transition NexGen Energia has led the way in India's transition to renewable and alternative forms of energy. One of its crown jewel programs is the building out of Compressed Bio-Gas infrastructure--a cleaner, sustainable alternative to fossil fuels. With the support of Capital Edge, the firm will be able to grow its operations exponentially. The $1 Billion USD equity infusion will be fully utilized in the deployment and operation of CBG plants, making the company's vision of sustainable innovation a reality. "This capital infusion marks a pivotal moment in our journey. It will accelerate our vision to build a greener India through scaled-up CBG production. We're excited about the environmental and social impact this will create across the country," said Nishant Tiwari, Director Sales, NexGen Energia Ltd. He further stated, "We are committed to making every rupee of this investment work to promote innovation, create jobs, and facilitate India's move towards energy independence." The timing of the investment is timely. With the Indian government aggressively pursuing initiatives such as the National Bio-Energy Mission, the private sector is being viewed increasingly as a critical partner in attaining energy security and carbon neutrality objectives. Capital Edge: A Partner with Purpose Capital Edge, an investment company based in Kuwait, specializes in high-impact projects in emerging markets of Asia, Africa, and the Middle East. It is experienced in structured equity financing for scalable, sustainable projects with quantifiable social impact. One of the distinguishing aspects of Capital Edge's model is its investor-centric model. For big projects in excess of USD $1 Billion, such as the NexGen Energia one, the company employs a long-term equity investment model, providing companies with the fiscal room to expand without pressure for short-term repayment. 1,000 CBG Plants by 2026: A National Vision At the heart of NexGen Energia's growth strategy is its intention to set up 1,000 Compressed Bio-Gas plants in India by the end of 2026. The mass rollout is anticipated to add considerably to India's clean energy potential while, at the same time, resolving environmental and rural economic issues. CBG, made from agricultural residue and organic biomass, is not merely a green-burning fuel, but also an instrument for rural empowerment and waste management. Leverage the potential of India's huge biomass reservoirs to make waste a wealth creator--generate a decentralized circular energy system, says Kishor Panda, CEO, NexGen Energia Ltd. "Every CBG plant we set up creates a ripple effect--job creation, rural entrepreneurship, and minimizing environmental waste," Kishor Panda added. "With this capital backing, we can now accelerate plant building, increase supply chain efficiencies, and expand our operations pan-India." Industry estimates are that the development of 1,000 plants could generate over 50,000 direct and indirect employment opportunities, particularly in rural and semi-urban locations. Moreover, the environmental contribution is significant, dramatically lowering methane emissions and substituting fossil fuel reliance. Why CBG Matters CBG, or Compressed Bio-Gas, is a purified form of biogas that has comparable properties to natural gas and can be utilized as a clean automotive fuel. The manufacturing of CBG manages organic waste, promotes local economies, and lowers dependence on foreign fuel. India, with its large agricultural economy, generates enormous amounts of organic waste that remain untapped in most cases. NexGen Energia's strategy is to utilize this untapped potential and convert it into clean energy. The Indian government has already identified CBG as one of its priority energy sources under its SATAT (Sustainable Alternative Towards Affordable Transportation) program, which encourages the setting up of 5,000 CBG plants by 2030. NexGen Energia's vision of setting up 1,000 plants places it at the forefront of this national endeavour. A Global Vote of Confidence This investment agreement is more than a commercial transaction--it's a powerful indication of international confidence in India's clean energy future. With foreign investors looking for sustainable and forward-looking opportunities, India is becoming an attractive source of climate-convergent capital. Capital Edge's partnership with NexGen Energia highlights a more widespread pattern of strategic cooperation among global financiers and Indian inventors. Partnerships such as these are needed to achieve the gigantic infrastructure and capital needs of the transition to clean energy. The Road Ahead Now that the agreement has been formalized, Capital Edge and NexGen Energia are moving at a fast pace to launch the second stage of implementation. Early projects will be launched in high-potential areas such as Maharashtra, Uttar Pradesh, and Karnataka, with land acquisition and vendor associations already progressing. The next 18-24 months are planned by the company to finish a number of dozens CBG facilities, with scaled rollout extending through 2026. The vision also extends to include supply chain integration, technology innovation, and community involvement for long-term sustainability of the project. As India moves closer to its clean energy aspirations, collaborations such as that of NexGen Energia and Capital Edge will prove decisive. They don't just contribute financial strength but also global prestige, technical proficiency, and common dedication to sustainability. With this $1 Billion USD equity injection, NexGen Energia is more primed than ever to energize India's clean energy future. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
The Print
21-04-2025
- Business
- The Print
Kuwaiti Company to Invest $1 Billion USD in NexGen Energia's Green Energy Initiatives
New Delhi [India], April 21: In a milestone move that reflects increasing global faith in India's renewable energy industry, Noida green energy firm NexGen Energia Ltd has raised a $1 Billion USD investment pledge from regional investment behemoth Capital Edge of Kuwait. Equity-based funding will enable NexGen Energia, India's leading installer of Compressed Bio-Gas (CBG) plants, to expand its CBG infrastructure across the country, supporting the country's shift to clean energy and energy self-reliance. This strategic infusion represents a sea change for NexGen Energia, which has emerged as an increasingly important contributor to India's clean energy movement. Fostering India's Green Transition NexGen Energia has led the way in India's transition to renewable and alternative forms of energy. One of its crown jewel programs is the building out of Compressed Bio-Gas infrastructure–a cleaner, sustainable alternative to fossil fuels. With the support of Capital Edge, the firm will be able to grow its operations exponentially. The $1 Billion USD equity infusion will be fully utilized in the deployment and operation of CBG plants, making the company's vision of sustainable innovation a reality. 'This capital infusion marks a pivotal moment in our journey. It will accelerate our vision to build a greener India through scaled-up CBG production. We're excited about the environmental and social impact this will create across the country,' said Nishant Tiwari, Director Sales, NexGen Energia Ltd. He further stated, 'We are committed to making every rupee of this investment work to promote innovation, create jobs, and facilitate India's move towards energy independence.' The timing of the investment is timely. With the Indian government aggressively pursuing initiatives such as the National Bio-Energy Mission, the private sector is being viewed increasingly as a critical partner in attaining energy security and carbon neutrality objectives. Capital Edge: A Partner with Purpose Capital Edge, an investment company based in Kuwait, specializes in high-impact projects in emerging markets of Asia, Africa, and the Middle East. It is experienced in structured equity financing for scalable, sustainable projects with quantifiable social impact. One of the distinguishing aspects of Capital Edge's model is its investor-centric model. For big projects in excess of USD $1 Billion, such as the NexGen Energia one, the company employs a long-term equity investment model, providing companies with the fiscal room to expand without pressure for short-term repayment. 1,000 CBG Plants by 2026: A National Vision At the heart of NexGen Energia's growth strategy is its intention to set up 1,000 Compressed Bio-Gas plants in India by the end of 2026. The mass rollout is anticipated to add considerably to India's clean energy potential while, at the same time, resolving environmental and rural economic issues. CBG, made from agricultural residue and organic biomass, is not merely a green-burning fuel, but also an instrument for rural empowerment and waste management. Leverage the potential of India's huge biomass reservoirs to make waste a wealth creator–generate a decentralized circular energy system, says Kishor Panda, CEO, NexGen Energia Ltd. 'Every CBG plant we set up creates a ripple effect–job creation, rural entrepreneurship, and minimizing environmental waste,' Kishor Panda added. 'With this capital backing, we can now accelerate plant building, increase supply chain efficiencies, and expand our operations pan-India.' Industry estimates are that the development of 1,000 plants could generate over 50,000 direct and indirect employment opportunities, particularly in rural and semi-urban locations. Moreover, the environmental contribution is significant, dramatically lowering methane emissions and substituting fossil fuel reliance. Why CBG Matters CBG, or Compressed Bio-Gas, is a purified form of biogas that has comparable properties to natural gas and can be utilized as a clean automotive fuel. The manufacturing of CBG manages organic waste, promotes local economies, and lowers dependence on foreign fuel. India, with its large agricultural economy, generates enormous amounts of organic waste that remain untapped in most cases. NexGen Energia's strategy is to utilize this untapped potential and convert it into clean energy. The Indian government has already identified CBG as one of its priority energy sources under its SATAT (Sustainable Alternative Towards Affordable Transportation) program, which encourages the setting up of 5,000 CBG plants by 2030. NexGen Energia's vision of setting up 1,000 plants places it at the forefront of this national endeavour. A Global Vote of Confidence This investment agreement is more than a commercial transaction–it's a powerful indication of international confidence in India's clean energy future. With foreign investors looking for sustainable and forward-looking opportunities, India is becoming an attractive source of climate-convergent capital. Capital Edge's partnership with NexGen Energia highlights a more widespread pattern of strategic cooperation among global financiers and Indian inventors. Partnerships such as these are needed to achieve the gigantic infrastructure and capital needs of the transition to clean energy. The Road Ahead Now that the agreement has been formalized, Capital Edge and NexGen Energia are moving at a fast pace to launch the second stage of implementation. Early projects will be launched in high-potential areas such as Maharashtra, Uttar Pradesh, and Karnataka, with land acquisition and vendor associations already progressing. The next 18-24 months are planned by the company to finish a number of dozens CBG facilities, with scaled rollout extending through 2026. The vision also extends to include supply chain integration, technology innovation, and community involvement for long-term sustainability of the project. As India moves closer to its clean energy aspirations, collaborations such as that of NexGen Energia and Capital Edge will prove decisive. They don't just contribute financial strength but also global prestige, technical proficiency, and common dedication to sustainability. With this $1 Billion USD equity injection, NexGen Energia is more primed than ever to energize India's clean energy future. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same) This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.
Economic Times
21-04-2025
- Business
- Economic Times
Capital Edge of Kuwait to invest USD 1 bn in NexGen Energia
Green energy firm NexGen Energia on Monday said regional investment behemoth Capital Edge of Kuwait will invest USD 1 billion in it to expand its infrastructure in India. The equity-based funding will enable NexGen Energia, India's leading installer of Compressed Bio-Gas (CBG) plants, to expand its CBG infrastructure across the country, supporting India's shift to clean energy and energy self-reliance, a company statement said. According to the statement, reflecting increasing global faith in India's renewable energy industry, green energy firm NexGen Energia Ltd has pledged USD 1 billion from Capital Edge of Kuwait. This strategic infusion represents a sea change for NexGen Energia, which has emerged as an increasingly important contributor to India's clean energy movement, it stated. Noida-based NexGen Energia has led the way in India's transition to renewable and alternative forms of energy. One of its crown jewel programmes is the building out of Compressed Bio-Gas infrastructure - a cleaner, sustainable alternative to fossil fuels. With the support of Capital Edge, the firm will be able to grow its operations exponentially. The USD 1 billion (approximately Rs 850 crore) equity infusion will be fully utilised in the deployment and operation of CBG plants, making the company's vision of sustainable innovation a reality. "This capital infusion marks a pivotal moment in our journey. It will accelerate our vision to build a greener India through scaled-up CBG production. We're excited about the environmental and social impact this will create across the country," Nishant Tiwari, Director Sales at NexGen Energia, said. Early projects will be launched in high-potential areas such as Maharashtra, Uttar Pradesh, and Karnataka, with land acquisition and vendor associations already progressing. The next 18-24 months are planned by the company to finish a number of CBG facilities, with a scaled rollout extending through 2026. The vision also extends to include supply chain integration, technology innovation, and community involvement for long-term sustainability of the project.
Time of India
21-04-2025
- Business
- Time of India
Capital Edge of Kuwait to invest USD 1 bn in NexGen Energia
NexGen Energia, an Indian green energy firm, has secured a USD 1 billion investment from Kuwait's Capital Edge to boost its Compressed Bio-Gas (CBG) infrastructure across India. This equity-based funding will enable NexGen Energia to expand CBG plant deployment, supporting India's clean energy transition and energy independence. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Green energy firm NexGen Energia on Monday said regional investment behemoth Capital Edge of Kuwait will invest USD 1 billion in it to expand its infrastructure in India. The equity-based funding will enable NexGen Energia, India's leading installer of Compressed Bio-Gas (CBG) plants, to expand its CBG infrastructure across the country, supporting India's shift to clean energy and energy self-reliance, a company statement to the statement, reflecting increasing global faith in India's renewable energy industry, green energy firm NexGen Energia Ltd has pledged USD 1 billion from Capital Edge of strategic infusion represents a sea change for NexGen Energia, which has emerged as an increasingly important contributor to India's clean energy movement, it NexGen Energia has led the way in India's transition to renewable and alternative forms of energy. One of its crown jewel programmes is the building out of Compressed Bio-Gas infrastructure - a cleaner, sustainable alternative to fossil the support of Capital Edge, the firm will be able to grow its operations exponentially. The USD 1 billion (approximately Rs 850 crore) equity infusion will be fully utilised in the deployment and operation of CBG plants, making the company's vision of sustainable innovation a reality."This capital infusion marks a pivotal moment in our journey. It will accelerate our vision to build a greener India through scaled-up CBG production. We're excited about the environmental and social impact this will create across the country," Nishant Tiwari, Director Sales at NexGen Energia, projects will be launched in high-potential areas such as Maharashtra, Uttar Pradesh, and Karnataka, with land acquisition and vendor associations already next 18-24 months are planned by the company to finish a number of CBG facilities, with a scaled rollout extending through 2026. The vision also extends to include supply chain integration, technology innovation, and community involvement for long-term sustainability of the project.
