Global investment firm Brookfield has launched Lumara, a new renewable energy platform backed by an initial investment of $600 million to support India’s clean energy transition. The platform is designed to develop and scale renewable power projects while addressing infrastructure and financing challenges in the sector.
Lumara will focus on expanding clean energy capacity and strengthening the country's sustainable power ecosystem, reinforcing Brookfield’s long-term commitment to India. The initiative is expected to attract additional investments and contribute to meeting India’s growing demand for reliable, low-carbon electricity.
Reference: ESG News