Asian Development Bank

Asian Development Bank (ADB) is a multilateral development finance institution based in Mandaluyong City, Philippines, established in 1966. It aims to promote social and economic development in the Asia and Pacific region, focusing on poverty reduction and sustainable growth. ADB provides a variety of financial assistance, including loans, grants, technical assistance, and equity investments, to its developing member countries. The organization collaborates with governments and other entities to implement projects in sectors such as infrastructure, education, health, and environmental sustainability. Additionally, ADB offers policy dialogue and advisory services to enhance public-private partnerships and mobilizes financial resources through cofinancing operations. Its initiatives span diverse areas, including agriculture, climate change, transportation, and urban development, reflecting its commitment to addressing the region's developmental challenges.

Roberta Casali

Vice President, Finance and Risk Management

Ashok Lavasa

Vice President for Private Sector Operations and Public–Private Partnerships

Anshukant Taneja

Principal

Past deals in Utilities

Tata Power Solar Systems

Post in 2024
Tata Power Solar Systems is India’s largest integrated solar company, headquartered in Bangalore. The company focuses on harnessing solar energy through three main segments: advanced manufacturing, engineering, procurement, and construction (EPC) services for solar power projects, and the development of innovative solar products. Tata Power Solar specializes in the manufacture and distribution of solar modules, solar cells, and other solar equipment, enabling clients to access a comprehensive range of services. The company is committed to expanding energy access, particularly in remote and off-grid areas of India, positioning itself as a trusted leader in the solar power sector within the country.

Fourth Partner Energy

Private Equity Round in 2024
Fourth Partner Energy is a Hyderabad-based company that offers turnkey rooftop solar energy solutions in India. Established in 2010, the company specializes in manufacturing solar energy applications, including solar lanterns, home lighting systems, solar street lights, and photovoltaic panels. Fourth Partner Energy aims to build, develop, and manage a significant portfolio of decentralized solar power assets. The company is dedicated to promoting sustainable energy solutions by providing high-quality products and services at competitive prices. In addition to its manufacturing capabilities, Fourth Partner Energy also offers financial structuring, design, turnkey execution, and panel cleaning services, enhancing power generation and maintenance for its customers. The company is recognized as an empanelled Channel Partner by the Ministry of New and Renewable Energy and holds ISO 9001:2008 certification, further solidifying its commitment to quality and sustainability.

SAEL

Venture Round in 2024
SAEL is a green energy company based in New Delhi, India, dedicated to advancing sustainable development through renewable energy solutions. The company focuses on innovative projects in solar energy and waste-to-energy generation, aiming to reduce carbon footprints and enhance energy independence. By developing and managing sustainable infrastructure, SAEL provides comprehensive services that encompass design, construction, operation, and maintenance of renewable energy systems. Their mission is to facilitate the transition to a low-carbon economy while contributing to the economic and social development of communities globally. Through the use of cutting-edge technology, SAEL strives to deliver reliable and eco-friendly energy solutions to businesses and communities, promoting a sustainable future.

Tata Power Delhi Distribution

Debt Financing in 2023
Tata Power Delhi Distribution Limited (Tata Power-DDL), a joint venture between Tata Power and the Government of NCT of Delhi.

Binh Duong Water

Debt Financing in 2022
Binh Duong Water Environment is a Vietnamese company focused on the supply and treatment of clean water. Its operations encompass the exploitation and management of water resources, as well as the investment and oversight of drainage systems. The company also engages in the construction and repair of water supply infrastructure, ensuring efficient and reliable access to water for its clients. Through its comprehensive approach to water management, Binh Duong Water contributes to the sustainable development of water resources in the region.

VA Tech Wabag

Post in 2022
VA Tech Wabag provides a range of water solutions focused on conservation, optimization, recycling, and reuse of resources. Its services are directed at addressing water challenges across the world. The company with its international presence in India, South East Asia, Middle East, Africa, Europe, and Latin America has a workforce of over 2,000 water professionals and is represented via companies and offices in more than 20 countries. VA Tech Wabag was founded in 1924 and is headquartered in Chennai, Tamil Nadu.

Binh Duong Water

Debt Financing in 2020
Binh Duong Water Environment is a Vietnamese company focused on the supply and treatment of clean water. Its operations encompass the exploitation and management of water resources, as well as the investment and oversight of drainage systems. The company also engages in the construction and repair of water supply infrastructure, ensuring efficient and reliable access to water for its clients. Through its comprehensive approach to water management, Binh Duong Water contributes to the sustainable development of water resources in the region.

SOLshare

Grant in 2016
SOLshare Ltd. is a company based in Dhaka, Bangladesh, that develops a peer-to-peer solar electricity trading platform aimed at providing sustainable and affordable energy access to low-income rural communities. Founded in 2013, SOLshare utilizes decentralized microgrids that allow households and businesses to trade excess solar power for profit. The company offers innovative products such as the SOLbox, a bi-directional electricity meter that facilitates peer-to-peer trading and integrates mobile money payments, and SOLcontrol, a charge controller for solar home systems. By interconnecting solar home systems in a network, SOLshare empowers communities to monetize their excess solar energy in real-time, promoting a micro-energy transition model that could serve as a model for utilities worldwide. The company has established strategic alliances with various organizations, enhancing its mission to deliver affordable solar electricity across Bangladesh and beyond.

Fourth Partner Energy

Series A in 2015
Fourth Partner Energy is a Hyderabad-based company that offers turnkey rooftop solar energy solutions in India. Established in 2010, the company specializes in manufacturing solar energy applications, including solar lanterns, home lighting systems, solar street lights, and photovoltaic panels. Fourth Partner Energy aims to build, develop, and manage a significant portfolio of decentralized solar power assets. The company is dedicated to promoting sustainable energy solutions by providing high-quality products and services at competitive prices. In addition to its manufacturing capabilities, Fourth Partner Energy also offers financial structuring, design, turnkey execution, and panel cleaning services, enhancing power generation and maintenance for its customers. The company is recognized as an empanelled Channel Partner by the Ministry of New and Renewable Energy and holds ISO 9001:2008 certification, further solidifying its commitment to quality and sustainability.
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