A North American public solar company, backed by cleantech PE fund is looking at entering the Indian market:
1. Looking at acquiring or Joint Venture of solar energy projects in India
2. EPC tie-up with Indian module manufacturing companies or Indian EPC companies looking to offer solar EPC services in India
3. Invest in solar off-grid business models
4. Offer “Debt+EPC”services. Non-recourse debt for solar projects.
The company will bring in equity and debt for the solar projects in India. The debt is @3-5%-4.5% in USD.