Chubu Electric Power invests ₹1,350 crore in Continuum Green Energy via primary and secondary equity

PE / VC Jun 2026· ₹1,350 crore (~$145 million) · Announced· ✓ Verified

Continuum Green Energy, a leading Indian platform for utility-scale wind, solar, and hybrid projects, has secured ₹1,350 crore from Chubu Electric Power Co., Inc. (a major Japanese electric utility) through its affiliate. The transaction comprises both primary subscription (new equity issuance) and secondary acquisition of existing shares. Regulatory approvals, including CCI clearance, remain outstanding. Continuum earlier in 2026 secured $67.5 million from Just Climate, demonstrating active institutional investor interest in India's renewable energy platform space.

Why it mattersForeign direct investment in renewable energy by a major utility raises FDI sector cap compliance, FEMA Schedule 1 sectoral clearance, and CCI pre-merger review thresholds-a precedent for how Japanese and Asian utilities structure India renewables acquisitions under the foreign shareholding and regulatory gateway model.
CounselJSA Advocates & Solicitors, Dentons Link Legal
SectorEnergy & Renewables
Value₹1,350 crore (~$145 million)
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