Bhilwara Green Energy Limited (BGEL) #47098
Created at
2025-04-01
Last update
2025-09-25
5 Parents (Involvements as child)
ID
Name
LNJ Bhilwara Group
Country of registration/origin
India
Classification
Asset management firm
Relationship
Parent company
Parent relation
Local branch of parent company
Investment type
Shares/Equity
Ownership share
83.12 %
Comment
Main sponsor of the renewable energy project through Bhilwara Energy Ltd.
ID
Name
India Clean Energy III
Country of registration/origin
India
Classification
Private company
Relationship
Parent company
Investment type
Shares/Equity
Ownership share
7.87 %
Comment
Minority equity investor in Bhilwara Energy Ltd., promoting renewable energy.
ID
Name
Wachovia, Jacob Ballas, New York Life Investment Fund
Country of registration/origin
United States of America
Classification
Investment Bank
Relationship
Parent company
Ownership share
3.77 %
Comment
Institutional equity investors in Bhilwara Energy Ltd.
ID
Name
International Finance Corporation (IFC)
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Parent relation
Subsidiary of parent company
Investment type
Debt financing
Ownership share
5.24 %
Loan amount
15 000 000
$
Comment
IFC provided long-term A loan to support the wind power project and improve structured ESG systems.
Deleted
ID
Name
IFC (Previous Investment in AD Hydro Project)
Country of registration/origin
United States of America
Classification
Investment fund
Relationship
Tertiary investor/lender
Investment type
Debt financing
Ownership share
12.00 %
Loan amount
67 000 000
Comment
IFC provided $67M in debt and $15M in equity (12% stake) for a separate hydro project with the same sponsor.
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
India
Current intention of investment
Wind farm
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
49.27 ha