Headlines
UK development finance body to invest $75 million for Blueleaf Energy's India plans
Published by Global Banking and Finance Review
Posted on October 29, 2025
Editorial & Advertiser disclosure
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
(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)