Avaada Solarise Energy Private Limited (ASEPL) #47087
Created at
2025-03-28
Last update
2025-12-03
4 Parents (Involvements as child)
ID
Name
Avaada Energy Private Limited (AEPL)
Country of registration/origin
India
Classification
Private company
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
ID
Name
Asian Development Bank (ADB)
Country of registration/origin
Philippines
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Loan amount
25 000 000
$
Loan date
2020-09-01
Comment
Invested in AEPL, which owns the Karnataka Pavagada-II project. Investment through equity, not project-specific financing.
ID
Name
Leading Asia's Private Infrastructure Fund (LEAP)
Country of registration/origin
Philippines
Classification
Bilateral Development Bank / Development Finance Institution
Relationship
Tertiary investor/lender
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Loan amount
7 500 000
$
Loan date
2020-09-01
Comment
Leading Asia’s Private Infrastructure Fund (LEAP), funded by JICA. Mirrors ADB investment terms.
ID
Name
WeAct Pty Ltd
Country of registration/origin
Australia
Classification
Private equity firm
Relationship
Tertiary investor/lender
Comment
Acts as liaison with certification bodies and verifies project compliance. Does not provide financing.
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
India
Current intention of investment
Solar park
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
108.22 ha