Zurich-based global investment and advisory firm, ThomasLloyd, solely dedicated to the infrastructure sector in Asia, acquired a significant stake in the Delhi-based solar project developer SolarArise India Projects Private Limited to become its largest shareholder.
This is ThomasLloyd’s first renewable energy investment in India. With this acquisition, it will be able expand capacity in excess of 1 GW of grid-connected solar for the Indian solar market. SolarArise owns and operates 130 MW of grid-connected solar power projects in India, and this investment will support the company’s expansion of its solar capacity by 250 MW.
Michael Sieg, chairman of ThomasLloyd said, “Building on our track record of impact investing in southeast Asia we believe this is an important investment in addressing the growing energy needs of India in a sustainable and environmentally responsible manner. We support the government’s renewable energy target outlined in their National Solar Mission of 100GW installed solar capacity by 2022.”
Last updated: December 26th, 2025
