R

Rural Electrification Corporation Ltd.

1103 employees

REC is an infrastructure finance company that operates in financing projects in the complete power sector value chain.

Investor insights

Sectors invested in

Renewable Energy3
Sustainability3
Wind Energy3
Energy2
Solar2
Solar Energy2
Clean Energy2
Clean energy1
Engineering Procurement Construction1
Sustainable development1
Energy Storage1
CSR1
Conventional Energy1
Thermal Energy1
Natural Resources1
Transmission1

Funding rounds participated in

$1.1B sweet spot round size

Most of their 3 investments are in rounds between $370M and $1.1B

Investor type

Government Office

Basic info

Industry

financial services

Sectors

Financial Services
Energy
Project Management
Infrastructure

Date founded

1969

Investments made

S

Serentica Renewables raised $370M on September 16, 2023

Investors: Rural Electrification Corporation Ltd.

C

CLP India Pvt. Ltd. raised $1.1B on August 7, 2023

Investors: Power Finance Corporation Ltd. and Rural Electrification Corporation Ltd.

R

ReNew Power raised $7.8B on July 20, 2023

Investors: Power Finance Corporation Ltd. and Rural Electrification Corporation Ltd.

Funding rounds raised

Total raised

$1.2M

from 2 investors over 2 rounds

R

Rural Electrification Corporation Ltd. raised $1.2M on January 14, 2022

Investors: Sumitomo Mitsui Banking Corporation (SMBC) Asia Pacific and Canara Bank

FAQ