Impact Fund Denmark and FMO, the Dutch Entrepreneurial Development Bank, have invested $100 million in Radiance Renewables Private Limited.

DMD Advocates advised Impact Fund Denmark and FMO on this investment.

The transaction team was led by Rashi Dhir (Senior Partner & Head of Corporate), along with Saiyam Chaturvedi (Partner), Kajal Tandon (Counsel), Priyanka Hazarika (Senior Associate), and Aditi Kumari (Associate).

The due diligence was led by Tarinee Sudan (Partner) along with Priyanka Hazarika (Senior Associate), Aditi Kumari (Associate), Jasmine Brar (Associate), Shriya Sehgal (Associate), Sarvagya Shankar (Associate), and Rohan Chatterjee (Associate).

Radiance Renewables is a leading India-focused commercial and industrial renewable energy platform backed by Eversource Capital.

The investment will support Radiance Renewables’ next phase of growth and expansion across solar, hybrid wind-solar, and battery energy storage projects in India.

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