IFC Weighs $300 Million Investment in Hexa Climate to Support 260 MW of Renewable Energy Projects
Gurugram-based Hexa Climate Solutions, backed by global infrastructure investor I Squared Capital, is attracting major institutional interest as the International Finance Corporation (IFC) reportedly considers a $300 million debt investment in its renewable energy portfolio. The proposed financing could support two projects with a combined capacity of 260 MW, strengthening the company's plans to expand India's clean-energy infrastructure.
Founded by Sanjeev Aggarwal, Hexa Climate develops solar, wind and hybrid renewable-energy projects, alongside battery storage solutions for commercial and industrial customers. The proposed investment highlights the growing role of large institutional lenders in financing India's transition towards cleaner and more reliable power.
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