Actis relies on WiseEnergy for India solar possession monitoring bargain

• Possession management team WiseEnergy has signed a multi-year agreement with facilities capitalist Actis for its solar profile in India.

Wise will certainly provide extensive asset management services for a 550MWp/400MWac portfolio of functional solar assets lately gotten by Acris Long Life Infrastructure Fund.

The portfolio, comprising 4 assets situated in Andhra Pradesh as well as Madhya Pradesh, was acquired last month from Acme Solar Holdings.

Rebecca Carter, managing supervisor at WiseEnergy, stated the arrangement stood for a "major milestone" for the business and also raised its visibility in India.

WiseEnergy becomes part of the NextEnergy Capital group, which includes solar property financial investment lorries such as NextEnergy Solar Fund.