Brookfield’s Evren Raises $100M to Power a 6GW Renewable Energy Leap in India

Evren, the innovative development platform launched by Brookfield in India, has successfully raised a significant sum of 100,000,000, marking a pivotal moment in the company’s journey toward transforming the renewable energy landscape in the country. This influx of capital not only underscores investor confidence in Evren's vision, but it also provides the necessary fuel to accelerate the construction of over 6 GW of renewable energy assets across India's most resource-rich states during the next two to three years. As a trailblazer in sustainable development, Evren is strategically poised to tap into India’s abundant natural resources, driving the transition to cleaner energy and supporting the nation’s broader environmental goals. The substantial funding round is set to empower the company to execute large-scale projects with enhanced technical capabilities, enabling it to overcome challenges associated with renewable energy integration and grid stability. By expanding its renewable capacity, Evren aims to contribute significantly towards reducing carbon emissions and propelling local economies through job creation and infrastructure development. With this funding, the company is also gearing up to deepen partnerships with state governments, technology providers, and local communities to establish resilient energy ecosystems. As Brookfield's innovative platform embarks on this ambitious initiative, stakeholders and industry experts alike are watching eagerly as Evren paves the way for a more sustainable future in India. This funding milestone not only reflects confidence in the strategic direction of Evren but also reinforces its commitment to leveraging cutting-edge renewable technology to make a lasting positive impact on the energy landscape of the region.