Sunsure Energy, a round-the-clock (RTC) renewable energy solutions provider for leading businesses and utilities, has secured INR 606.22 crore in debt financing from Aseem Infrastructure Finance Ltd and RBL Bank to support its multiple renewable energy projects in India.
The financing package includes INR 461.76 crore from Aseem Infrastructure Finance Ltd for solar projects in Maharashtra and Uttar Pradesh, along with INR 144.46 crore in refinancing from RBL Bank for a solar project in Augasi, Uttar Pradesh.
Together, the financing would support over 242 MWp of solar capacity, supplying renewable energy to commercial and industrial consumers through long-term power purchase agreements (PPAs). The projects are expected to generate approximately 300 million units of clean electricity annually, helping offset nearly 230,000 tonnes of CO₂ emissions each year, based on the latest CEA grid emission factor.
Founded in 2014, Sunsure Energy is backed by PartnersGroup AG with an equity commitment of $400 million towards its vision of building the largest industrial decarbonisation company in India and Southeast Asia. It has 700 MW operational assets and 7.10 GW under various stages of development across Maharashtra, Uttar Pradesh, Tamil Nadu, Rajasthan, and Karnataka, with a target of 10 GW by 2030.
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