Edelweiss raises $282m for maiden energy infrastructure investment trust

Edelweiss raises $282m for maiden energy infrastructure investment trust

Photo: Ramesh Pathania/Mint

Edelweiss Real Assets Managers Ltd, a unit of Edelweiss Alternatives, on Wednesday said it has raised $282 million (Rs 2,300 crore) under AnZen India Energy Yield Plus Trust, its maiden energy infrastructure investment trust.

The fundraising of AnZen Trust was through private placement and received an encouraging response from a diversified set of institutional and other eligible investors who hold ~26% of the units, the firm said, adding that the trust would be looking to invest in a diversified portfolio of energy assets including transmission lines and renewable power projects.

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