ThomasLloyd announced today that its investee company SolarArise India Projects 
Private Limited ("SolarArise") has commissioned a 27 Megawatt ("MW") Solar PV 
plant in Kerehalli village, Koppal District, State of Karnataka, India on 8 
August 2019.
The new solar plant operates under Talettutayi Solar Projects Two Private 
Limited, a special purpose vehicle (SPV) set up by SolarArise, and has a 25 
year Power Purchase Agreement ("PPA") with the Bangalore Electricity Supply 
Company Limited (BESCOM), an ICRA – "A" rated government off taker. The plant 
is expected to generate approximately 47 million kilowatt-hours per year of 
clean energy in Karnataka State.  

For ThomasLloyd, Nandita Sahgal Tully, Managing Director Merchant Banking, 
said: "Commissioning of the site is a major milestone towards providing clean 
electricity to around 42,000 people in the Karnataka region. We are proud to 
have been part of this project supporting India's goals for a clean-energy 
future."

For Management, Founder and Director, Mr. Anil Nayar, said: "Our experienced 
teams worked closely with our contractors allowing us to commission this 
project three months prior to the deadline.  As long-term project owners, our 
teams continue to learn and improve through each project to deliver on-time and 
quality projects."
About SolarArise India Projects Private Limited  

SolarArise is an Indian focused project developer which develops, owns and 
operates grid-connected solar PV projects in India. The company was founded by 
James Abraham, Anil Nayar and Tanya Singhal in 2014 backed by GEEREF, CIIF and 
ThomasLloyd Group. Together they have significant experience in technology R&D, 
policy advocacy, execution, regulatory liaising, financing and operations of 
solar assets. For more information, visit: www.solararise.com.

About ThomasLloyd Group

ThomasLloyd is a global investment and advisory firm dedicated to leading the 
necessary process for social and environmental change, focusing exclusively on 
the financing, construction and operation of sustainable projects in the 
infrastructure, agriculture and property sectors. The range of services 
comprises products and services through the entire value chain of these 
sectors. In addition to the structuring, placement and management of impact 
investing solutions, they include consulting and financing of projects and 
companies, as well as digital financial services, particularly in investment 
brokerage, investment advisory and asset management. Founded in 2003, 
ThomasLloyd is now one of the world's leading impact investors and providers of 
climate financing. Headquartered in Zurich and with over 250 employees in 17 
locations in North America, Europe and Asia, the company currently manages 
assets of over 3.2 billion Euros for more than 60,000 private and institutional 
investors. 
For more information, visit: www.thomas-lloyd.com.

For further information, contact:

ThomasLloyd Group 
Press/Communication 
Phone +49(0)89-599-890-313
Fax +49(0)89-599-890-323
public.relations@thomas-lloyd.com  
www.thomas-lloyd.com


SOURCE: ThomasLloyd Global Asset Management GmbH