Continuum Green Energy Limited

Continuum Green Energy Limited (CGELI*) is an independent power producer with focus on supplying green power to commercial & industrial (“C&I”) consumers, in addition to state and central distribution utilities and power exchanges.

We are led by a management team with extensive experience in the renewable energy sector and in-depth understanding of managing projects. The senior management team of our Company, led by Mr. Arvind Bansal (CEO) and Mr. Nandiwada Venkatesan Venkataramanan (COO), possess complementary skills and have extensive experience and knowledge of the electricity sector.

Continuum Green Energy Limited has a portfolio of approximately 4.7 GWp with projects comprising ~2.2 GWp operational, ~1.3 GWp under construction and ~1.2 GWp of under development.

We prioritize selling electricity to C&I consumers, which constitutes majority of our operational and under-construction capacity with more than 170 diversified, high credit quality C&I consumers. Our C&I consumers represent a diverse range of industries, no single industry accounts for more than 25.00% of our total contracted capacity with C&I consumers, helping to ensure a balanced portfolio.

Since we began operations, we have enjoyed support from multiple domestic banks/ financial institution and global institutional investors including State Bank of India (SBI),  Indian Renewable Energy Development Agency Limited (IREDA), India Infrastructure Finance Company Limited (IIFCL), ICICI Bank Limited, IndusInd Bank Limited, Orion Credit Capital Asia Pte. Ltd. and Pierfront Capital (since renamed as Keppel Credit Fund Management Pte. Ltd.).

In addition to debt capital from above sources, our holding company, Continuum Green Energy Holdings Limited (CGEHL), has invested ₹11,728.05 million equity in our Company. Our Company also received ₹12,562.50 million in primary equity investment from JC Infinity (B) Limited, affiliate of the Just Climate LLP.

Further, in June 2024, Subsidiaries of our Company issued US$ 650 mn of 9 years Senior Secured Notes, listed on Global Securities Market of India International Exchange (IFSC) Limited

Continuum Green Energy Limited and all its subsidiaries have been audited by Deloitte Haskins & Sell.

*Continuum Green Energy Limited (CGELI) formerly known as “Continuum Green Energy Private Limited” and “Continuum Green Energy (India) Private Limited”.