Published by Global Banking & Finance Review®
Posted on October 29, 2025
2 min readLast updated: January 21, 2026
UK's BII invests $75M in Blueleaf Energy for India's renewable projects, supporting solar, wind, and storage to boost clean energy.
(Reuters) -British International Investment (BII), the UK's development finance institution, said on Wednesday it would invest $75 million to aid the India expansion plans of Blueleaf Energy, a Macquarie Asset Management-owned renewable energy platform.
The funding is intended to accelerate clean energy deployment in markets across Asia.
The investment will be made in Blueleaf's utility-scale solar, wind, and energy storage projects in India, and is expected to generate more than 3.2 gigawatt-hours (GWh) of clean energy annually.
The investment aligns with BII's broader strategy to accelerate the energy transition in emerging markets.
It has committed more than $95 million this year to climate-focused platforms in Southeast Asia, including co-investments in utility-scale renewable assets and early-stage clean energy businesses.
Earlier in the year, BII set up a renewable energy joint venture focused on Southeast Asia with two partners. BII backs various entities focused on clean energy in India such as Mahindra & Mahindra's EV unit.
India, the world's fourth-largest renewable energy producer, has set a target of 500 GW of non-fossil fuel capacity by 2030, with the country already surpassing 256 GW of installed energy capacity as of September.
Singapore-headquartered Blueleaf Energy operates in Southeast Asia, India, Taiwan, and Japan, with a project pipeline that includes more than 4.5 GW of energy generation assets and nearly 3 GWh of storage projects.
(Reporting by Komal Salecha and Kashish Tandon in Bengaluru; Editing by Rashmi Aich)
Renewable energy refers to energy derived from natural processes that are continuously replenished, such as solar, wind, and hydroelectric power. It is a key component in reducing carbon emissions and combating climate change.
Investment is the act of allocating resources, usually money, to generate income or profit. It can involve purchasing assets such as stocks, bonds, or real estate with the expectation of future returns.
Clean energy is energy that is produced with minimal environmental impact, typically from renewable sources like solar, wind, and hydroelectric power. It helps reduce pollution and greenhouse gas emissions.
Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. They often present investment opportunities due to their potential for economic expansion.
Utility-scale solar refers to large solar power plants that generate electricity for sale to utilities or large-scale consumers. These installations typically produce significant amounts of power compared to residential solar systems.
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