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Overview

Who we are and What we do

Sustainable Energy Infra Trust ("SEIT" or "Trust") is an Indian Infrastructure Investment Trust (InvIT), sponsored by 2726522 Ontario Limited (a 100% subsidiary of the Ontario Teachers' Pension Plan Board ("OTPPB")) and Mahindra Susten Private Limited ("MSPL").

The sponsors established the Trust on July 20, 2023, and the Trust was registered with SEBI as an Infrastructure Investment Trust under the InvIT Regulations on August 11, 2023, with registration number IN/InvIT/23-24/0027. The Trust proposes to focus on investments in renewable energy power plants.

SEIT has built a diversified portfolio of operational renewable energy assets, with an installed capacity of over 1.5 GWp, primarily comprising utility-scale solar power projects. These assets are spread across key states including Rajasthan, Gujarat, Maharashtra, Telangana, and Andhra Pradesh, enabling geographic diversification and stable generation profiles. The portfolio is supported by long-term power purchase agreements and is designed to deliver consistent performance, with a focus on asset quality, operational reliability, and scalability. SEIT combines disciplined capital allocation with active asset management. This is supported by strong governance frameworks, established operating processes, and a culture of ownership and accountability, enabling SEIT to manage and scale its renewable energy portfolio with consistency, efficiency, and a long-term perspective.

Vision

“To be a growth-oriented Clean Energy focused InvIT, operating with the highest standard of governance and delivering sustainable returns to all stakeholders”

Mission

  • 01Nurture a spirit of partnership in everything we do
  • 02Attract and retain the right talent
  • 03Implement strong processes and practices
  • 04Deploy proven technology, applications and tools across functions to enhance efficiency
  • 05Maintain a steadfast focus on enhancing operating and financial performance
  • 06Pursue value accretive growth opportunities in the clean energy space
  • 07Focus on quality as against quantity
  • 08Consistently deliver on yield expectations

Our Values

Respect

Respect

We will conduct ourselves in a manner that will earn us respect from all our stakeholders

Integrity

Integrity

Integrity, high standards of governance and prudent risk management will be a norm in everything we do

Focus

Focus

Unwavering focus on Safety, Health and Environment will form a corner stone of our operations

Compliance

Compliance

We will ensure strict compliance to laws and regulations

Care

Care

We will be a good corporate citizen across communities in which we operate

Our Structure

Our Journey

July

  • First batch of 3 employees and Senior Management onboarded
  • Rollout of Vision, Mission and Values
  • Senior management and first set of employees onboarded

August

  • First three Independent Directors onboarded
  • Rollout of SEIT’s corporate logo, brand identity and brand manual

September

  • Filing of the Draft Placement Memorandum with SEBI on September 26, 2023

November

  • SEIT’s proposed debt facility of INR 34,000 million rated Provisional AAA / Stable by CRISIL Ratings Ltd

2023

January

  • Takeover of solar assets with 1.5+ GWp capcity
  • FPM filed on 10 Jan 2024
  • Units listed on NSE
  • Financial closure and drawdown

March

  • Final rating received for SEIT’s debt
  • Full management and larger teams in place across IM, PM and SPVs

April

  • 8-member Board
  • First EHS meeting
  • Expansion to an eight member Board

May

  • Closing of first annual audited standalone and consolidated financials of SEIT
  • IM’s board declared the first distribution of SEIT

June

  • Trust made its first distribution to the Unitholders

August

  • Full Board of Directors in place with 12 distinguished members

2024

February

  • Issued INR 750 crores non-convertible debt securities on private placement basis and listed them on BSE.

May

  • Completed five distributions to the Unitholders

July

  • NCD issuance of INR 750 crores.

2025

February

  • Part-refinancing of RTL of INR 636.35 crores

2026

Investment Manager

Directors of the Investment Manager

Sustainable Energy Infra Investment Managers Private Limited is the Investment Manager of the Trust. As the Investment Manager, Sustainable Energy Infra Investment Managers Private Limited is primarily responsible for making decisions in relation to investment of Trust’s funds in acquiring the underlying assets or projects, managing the Trust’s investments and ensuring compliance with all applicable laws and regulations, while generating sustainable returns for all stakeholders.

With a team of qualified and well-trained professionals at the helm, the Investment Manager is committed to operate the Trust with the highest standards of ethics and corporate governance.

Project Manager

Green Energy Infra Project Managers Private Limited is the Project Manager of the Trust. The principal objective of the Project Manager is to incorporate standard industry practices employing both preventive and corrective measures in operating and maintaining the projects in order to optimise the long-term performance of the assets.