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August Energy Secures $15 Million to Expand India Renewables Portfolio

August Energy aims to increase its installed capacity to 1 GW in India

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Switzerland-based impact asset manager responsAbility will invest $15 million (~₹1.28 billion) in Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform, August Energy, on behalf of its investors. The funding will support August Energy in expanding its portfolio of distributed renewable energy projects in India.

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