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IETF marks first close at $163 mn
Mint Mumbai
|October 15, 2025
The India Energy Transition Fund (IETF), managed by EAAA Alternatives, has achieved its first close at $163 million with a commitment of $60 million from the European Investment Bank’s development arm, EIB Global.
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The total corpus of the fund is targeted at $300 million, which will be invested in greenfield infrastructure projects and growth-stage companies. The announcement was made on Tuesday in New Delhi by EIB vice president Nicola Beer and EAAA Alternatives chief executive Subaho
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