Continuum Green Energy Secures $150 Million Investment from Just Climate

Renewable Energy Giant Expands Deployment of Clean Energy Projects

India-Based Company Focuses on Commercial and Industrial Consumers

Continuum Green Energy, a leading renewable energy group in India, has announced a significant investment of $150 million from Just Climate, a climate-focused fund managed by Generation Investment Management. The investment will bolster Continuum's efforts to expand its wind, solar, and hybrid energy projects across India.

Co-founded by Arvind Bansal and Vikash Saraf, Continuum Green Energy specializes in providing renewable energy solutions to commercial and industrial consumers. The company's focus on these sectors aligns with India's growing demand for clean energy sources.

• The investment will enable Continuum to accelerate its deployment of wind-solar-hybrid and storage projects.
• Continuum's projects are designed to reduce carbon emissions and promote sustainable energy practices.
• The investment underscores Just Climate's commitment to supporting the transition to a low-carbon economy.

"This investment is a testament to Continuum's commitment to providing affordable and reliable renewable energy solutions," said Arvind Bansal, Executive Chairman of Continuum Green Energy. "We are confident that this partnership with Just Climate will enable us to scale our operations and make a meaningful contribution to India's clean energy goals."

According to a report by the International Renewable Energy Agency (IRENA), India is poised to become a global leader in renewable energy. The country has set an ambitious target of achieving 40% of its installed power capacity from non-fossil fuel sources by 2030.

"We are delighted to partner with Continuum Green Energy, a company that is leading the charge in India's renewable energy sector," said Edward Cameron, a Managing Director at Generation Investment Management. "This investment aligns with our mission to support companies that are driving the transition to a sustainable future."