Macquarie Raises $405 Million for India EV Leasing Platform

Macquarie Group Ltd.’s infrastructure asset management arm has raised money from a clutch of global funds for its electric vehicle financing platform in India.

South Korea-based Green Climate Fund, Australian Ethical Investment, Europe’s Allianz Global Investors, and Macquarie Green Energy Transition Solutions will be putting in a combined $405 million, Abhishek Poddar, Macquarie Asset Management’s managing director, said in an interview.