Private equity sees the opportunity in India Green-Tech Industry

Northern Lights Capital Group, a United States based private equity firm, announced today that it has invested in Nereus Capital, a private equity company in particular Renewable energy opportunities in India. Terms of the transaction remain undisclosed. />
"Among emerging markets, India is one of the most attractive places to deploy private equity capital," the executive director of the Northern Lights Tim Carver said in a company press release.
/> In the coming years, India is expected to invest more than U.S. $ 30 billion in renewable energy technologies, energy consumption is growing at about 8 percent a year, according to a statement. />
"Build green technology infrastructure is a long-term global trends that we believe will continue to create investment opportunities for private capital," said Carver. "In this context, India, with the unique economics of energy markets, can provide excellent risk-adjusted returns for equity financing green infrastructure." />
With the lack of investment in emerging markets is growing, private equity deals targeted towards Indian real estate seems to be increasing in both frequency and importance over the past decade. />
In 2005, India saw the U.S. $ 560 million USD trade between the two private equity firm that still the largest stock trading in India in history, executed in only twenty-six minutes. />
"No one knows the Indian market has so much depth and maturity," said Manisha Girotra, then chairman and CEO of UBS India, a company that performs trade for one of the private equity firm involved in the deal. "Or like appetite for India."