KKR-Backed India Solar Yieldco Raises $290 Million

Private equity firm KKR-backed renewable energy infrastructure investment trust has raised $290 million worth of debt funding from multiple sources.  Virescent Renewable Energy Trust announced that it raised Rs 21.5 billion ($290 million) through a combination of non-convertible debentures (NCD), long-term and working capital financing. Around $134 million was secured … [continued]