Continuum Green Energy

Continuum Green Energy is an India-focused renewable energy group.

Continuum Green Energy has taken advantage of the clean and abundant wind / solar resources to contribute to the climate-friendly Energy Transition in India.

Continuum Green Energy was founded in 2009 and is led by a professional management team with diverse experience in corporate strategy, investment banking, project development, land acquisition, power evacuation, project execution, project financing, electricity regulations, and sales with approx. 180 full-time employees (FTEs).

Continuum Green Energy has a portfolio of a capacity of 4,000 MW comprising 1300 MW of operational/nearly operational capacity with a target to reach 2,300 MW by mid-2023, 200 MW near-term construction, and an additional 1,500 MW under development. Continuum is focused on building large, utility-scale wind and wind-solar hybrid (WSH) projects.

Continuum Green Energy is one of the largest sellers of renewable energy to C&I (commercial and industrial) consumers in India, enabling their climate action initiatives while saving on the cost of power, and is proud of having received the trust of 150+ esteemed consumers. In addition, Continuum Green Energy is also selling renewable energy to (a) three state-owned electricity distribution companies (DISOCMS) of Gujarat, Maharashtra, and Madhya Pradesh and (b) Solar Energy Corporation of India Limited (SECI).

Continuum Green Energy is majority-owned by North Haven Infrastructure Partners, a US $4 bn Global Infrastructure Investment Fund managed by Morgan Stanley Infrastructure Partners that focuses on long-term investments in infrastructure assets across the globe. For further information about Morgan Stanley Infrastructure Partners, please visit here.

Continuum Green Energy has enjoyed the support of many leading banks and financing institutions, notable among which are: the State Bank of India (SBI), International Finance Corporation (IFC), Power Finance Corporation (PFC), Indian Renewable Energy Development Agency (IREDA), India Infrastructure Finance Company Ltd (IIFCL), PTC Financial Service (PFS), India Infradebt, Tata Capital, L&T Infrastructure Finance, HDFC, Induslnd Bank Limited (IBL) and L&T Fincorp.

In February 2021, Continuum Green Energy issued US$ 561 mn of 6-year Notes, listed on the Singapore Stock Exchange (SGX) to many international investors.

In July & August 2022, Continuum Green Energy privately placed US$ 400 mn of 3.5-year Notes with three marquee international institutional investors.

Continuum Green Energy and all its subsidiaries have been audited by Big4 Audit Firm - Deloitte Haskins & Sell (since Q2 FY 2023) and Ernst & Young (since FY 2013 till Q1 FY 2023) and the group believes in the highest levels of corporate governance.