EverSourceCapital to manage Indian green infra fund GGEF

Lightsource BP and Everstone Group have formed the joint venture company EverSource Capital to manage the Green Growth Equity Fund (GGEF), which has £240 million of backing from joint anchor investors the UK government and India's National Investment and Infrastructure Fund (NIIF). The fund will target equity investments in renewable energy, clean transportation, water and waste management, and other emerging technologies in India.