Apraava Energy has signed memorandums of understanding with state-owned REC and Power Finance Corporation, to secure $1.2 billion in financing for its wind, transmission and metering projects in India. The energy solutions provider, jointly owned by the CLP Group and Caisse de depot et placement du Quebec (CDPQ), will use the funding to continue its diversification into transmission and metering which will facilitate India's transition to a greener economy.
