Mahindra Group and Ontario Teachers’ Pension Plan Board have jointly sponsored the Sustainable Energy Infra Trust (SEIT), India’s largest infrastructure investment trust (InvIT) in the renewable energy sector. SEIT, with assets totaling 1.54 GW, raised primary capital of Rs 1,365 crore through its initial unit offer. The InvIT, listed on the National Stock Exchange, is focused on fostering growth in India’s renewable energy sector. It holds operational assets developed by Mahindra Susten and aims to contribute to the nation’s green energy goals. Mahindra Susten and SEIT have a Right of First Offer (ROFO) arrangement for future renewable energy assets.