[Solar: Brookfield launches Lumara Energy with USD 600mn investment plan in India]

Published: Aug 03, 2026 09:20 (GMT+8)

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Global alternative investment manager Brookfield has launched Lumara Energy, a renewable energy platform in India that plans to invest about USD 600 million to accelerate solar, wind and battery storage project development. The platform will start with an initial portfolio of more than 6GW and is designed to address key bottlenecks in India’s renewable market, including PPA signing delays, long grid connection queues and land acquisition timelines. Brookfield said Lumara will advance projects with secured land and grid interconnection before PPAs are finalized, while also providing credit solutions to developers.

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