Debt Debt financing
EQT-backed renewable energy platform Resolven raises $900-M
Source Resolven (opens in a new tab)Business Line (opens in a new tab)
Gurugram-based renewable energy platform Resolven has raised USD 900 million in financing from 15 lenders, including banks and infrastructure financing institutions. The financing consists of USD 700 million in fund-based debt and USD 200 million in group-level non-fund lines.Founded in 2026 by Parag Sharma, Resolven is an independent renewable energy company. It plans to utilize the newly raised capital to support its growth strategy, which includes targeting annual additions of over 1.5 GW of renewable capacity across solar, wind, hybrid, and battery storage projects. The company aims to reach a total capacity of 10 GW by 2030.
Company website ↗ (opens in a new tab)
In Mar 2026, Resolven had attracted about USD 74.33 M from EQT Private Capital Asia.For FY25, Resolven had reported about INR 13.19 Cr in Operating Income and about INR 0.59 Cr in PAT.