Orient Green Power Company (OGPL) has raised Rs 250 crore from existing promoter Shriram Venture (SVL) and its subsidiaries and financial investors, including EW Special Opportunities Fund II and Ecap Equities, through preferential allotment. Equirus Capital acted as exclusive advisor to OGPL and Shriram Group for raising funds, while Nishith Desai was the legal advisor.
Orient Green Power is the largest independent operator and developer of renewable energy power plants in the country based on aggregate installed capacity. The company’s portfolio currently includes biomass, biogas, wind energy and small hydroelectric projects at various stages of development.
