Mahindra Group and Ontario Teachers' co-sponsor India's largest renewable energy InvIT with offer size of USD 273 million

Mahindra Group and Ontario Teachers’ Pension Plan Board have jointly sponsored India’s largest Infrastructure Investment Trust (InvIT) in renewable energy, named ‘Sustainable Energy Infra Trust’ (SEIT). With a primary capital raise of INR 1,365 crore (USD 165 million), the InvIT has debuted on the National Stock Exchange of India Limited, drawing significant subscription from global and Indian investors, including the Asian Infrastructure Investment Bank (AIIB), the company on Monday..