Neo Infra Income Opportunity Fund Buy Solararise in £ 1400 CR

New -delhi: Neo Group’s flagship infrastructure fund, Neo Infra Income Opportunity Fund (Niiof), bought Solaris India Projects PVT. Ltd. of the London Stock Exchange Listed Thomasllloyd Energy Impact Trust for a business value of £ 1400 crore. The agreement is Niiof’s entry into the space for renewable energy, which adds 433.5 MWP operational solar assets in five states – Maharashtra, Uttar Pradesh, Madhya Pradesh, Karnataka and Telangana. In a statement to Mint, Niof said that the acquisition was well matched by its commitment to building a high quality portfolio, supported by stable cash flow. “By adding solararis to his portfolio, nii or its entry into the renewable space and increases its ability to deliver predictable long-term returns to investors, while supporting the Indian energy transition goals,” he said. Thomasllloyd Energy Impact Trust In January 2023, Solaris, founded in 2015 by Tanya Singhal, Anil Nayar and James Abraham, with investments from Core Infrastructure India Fund PTE Ltd and Global Energy Efficiency and Renewable Energy Fund. NIIOF is a Category II Alternative Investment Fund and is supported by Peak XV Partners, MUFG Bank Ltd and the New York-based Euclidean Capital LLC. In a statement to Mint Mint, CEO and co-founder, Neo Asset Management, said: “Infrastructure is a critical pillar in India’s journey to become a $ 5 trillion economy. undertaken. Green Energy Abishek Goel, Managing Director (MD) and Chief Infra & Real Bates at Neo Asset Management, noted in a statement that these solar plants will not only generate clean green energy that will generate lakhs of homes and industries, but also generate a stable income for the fund investors. “Our team is fully ready to operate these plants, as well as operational and financial improvements to improve the value for our investors,” Goel added that the acquisition followed the successful final of Niiof in July 2025 at £ 2,300 crore, exceeding the initial target corpus of £ 2,000 crore. This agreement represents the fund’s strong momentum in the deployment of capital in current assets. Niiof is a security and bursary board of India-registered Category II Alternative Investment Fund that serves as Neo Group’s flagship infrastructure fund. This allows investors to directly take exposure to high quality operating infrastructure assets. The strategy is focused on acquiring operational road and solar assets supported by long-term contracts with well-known counterparties, providing stable and predictable cash flow within a robust regulatory framework. Supported by World Investor such as Peak XV Partners, MUFG Bank Ltd, and New York-based Euclidean Capital LLC, NEO is a specialized, new-age-wealth and asset management firm that provides for individuals with high NetWorth (Hnis), Ultra High Networth-Individuals (Uhnis), Multi-family offices, built on unwelling adjustments, transcending, transcipse, and cost capacity. It also serves global institutions such as pension funds, insurance companies, endowments and sovereign wealth funds that invest in India’s long -term growth. Recent transactions The acquisition comes during an increase in India’s renewable energy sector. In FY25, the capacity supplement rose to 29.52 GW from 18.5 GW in FY24, powered by a robust project pipeline and falling solar photographic module prices. Solar energy led the expansion, which contributed 23.83 GW to new capacity. India’s total installed solar ability is now 105.65 GW. India will need $ 1.5 trillion investments by 2030 to meet its climate goals, including $ 250-300 billion for renewable energy capacity and $ 200-250 billion for network and system upgrades, according to a deloitte report. Recent M&A activity in the sector includes Ongc NTPC Green’s £ 6.248 Crore acquisition of Ayana Renewable Power and Inox Neo Energies’ 265 crore purchase of Skypower Solar India. Furthermore, in June, Mintrapport that ACEN and UPC renewable energy also investigated a $ 600 million sale in their 1 GW India pipeline.