{"id":289234,"date":"2019-08-29T05:07:29","date_gmt":"2019-08-29T05:07:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=289234"},"modified":"2019-08-29T05:17:33","modified_gmt":"2019-08-29T05:17:33","slug":"punjab-renewable-energy-raises-private-equity-investment-from-shell","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/punjab-renewable-energy-raises-private-equity-investment-from-shell\/","title":{"rendered":"Punjab Renewable Energy raises private equity investment from Shell"},"content":{"rendered":"<p>Indian biomass-based energy company Punjab Renewable Energy Systems has raised private equity investment from Shell. <\/p>\n<p>Asset management firm responsibility was the first to invest during the company\u2019s Series-A in September 2013, followed by a Series-B investment from Neev Fund in April 2019. With this follow-on investment by Shell, the company\u2019s Series-B round stands fully subscribed and closed with an investment of Rs 55 crore. <\/p>\n<p>Punjab Renewable is a pioneer in this sector with a good repository of biomass assessment, refined processes for biomass aggregation and logistics, O&amp;M and BOOT contracts with reputed industries as long-te\u00adn\u00ador Steam Purchase Agree\u00adments (SPA).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian biomass-based energy company Punjab Renewable Energy Systems has raised private equity investment from Shell. Asset management firm responsibility was the first to invest during the company\u2019s Series-A in September 2013, followed by a Series-B investment from Neev Fund in April 2019. With this follow-on investment by Shell, the company\u2019s Series-B round stands fully subscribed and closed with an investment of Rs 55 crore. Punjab Renewable is a pioneer in this sector with a good repository of biomass assessment, refined processes for biomass aggregation and logistics, O&amp;M and BOOT contracts with reputed industries as long-te\u00adn\u00ador Steam Purchase Agree\u00adments (SPA).<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-289234","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=289234"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289234\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}