India’s Northern Arc Investments, a private credit investment manager, is set to launch a $100 million green private credit fund aimed at investing in green companies in India.
The fund is expected to be Northern Arc’s first foreign currency private loan fund, and the company has already started soliciting money from investors through international roadshows.
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The Northern Arc Green Private Credit Fund will seek to capitalize on opportunities within India’s green companies, which are expected to benefit from the country’s push towards renewable energy and sustainable development.
The fund is expected to provide much-needed capital to green companies in India, which have struggled to secure funding due to the high risk associated with such investments.
Northern Arc Investments has a strong track record of investing in India’s microfinance sector and has been expanding its portfolio to include other sectors such as affordable housing and education.
The launch of the Northern Arc Green Private Credit Fund signals the company’s commitment to sustainable development and renewable energy in India.
With the country’s ambitious target of achieving 450 GW of renewable energy by 2030, the fund is expected to play a key role in financing the growth of green companies in India.
The Vision and Mission
Northern Arc Investments, a private credit investment manager in India, is excited to launch a $100 million Green Private Credit Fund to support domestic green companies in India.
The fund aims to provide investment opportunities to investors while also promoting sustainable and green growth in the country.
The vision of Northern Arc Investments is to create a financially inclusive ecosystem in India, where everyone has access to credit and financial services.
The company is committed to supporting under-served sectors and businesses by providing them with the necessary financial resources to grow and prosper.
The mission of the Green Private Credit Fund is to invest in green companies in India, which align with Northern Arc’s commitment to sustainable and responsible growth. The fund will focus on sectors such as renewable energy, energy efficiency, sustainable agriculture, and waste management. By investing in these sectors, Northern Arc aims to promote a greener and more sustainable future for India.
Ravi Vukkadala, the CEO of Northern Arc Capital, believes that the Green Private Credit Fund will help bridge the gap between investors and green companies in India.
He envisions the fund as a platform for investors to support sustainable growth while also earning attractive returns on their investments.
In summary, Northern Arc Investments’ Green Private Credit Fund is a testament to the company’s commitment to sustainable and responsible growth.
The fund aims to promote financial inclusion, support under-served sectors, and invest in green companies to create a greener and more sustainable future for India.
