SolarArise sells its’ solar assets to Thomas Llyod

SolarArise, a Delhi-based solar developer, has successfully sold its eight solar power projects to the Thomas Lloyd Energy Impact Trust, a London Stock Exchange-listed investment fund. These assets, with a total capacity of 400 MW, span ac­ross Madhya Pradesh, Maharashtra, Uttar Pradesh, Kar­nataka and Telangana. SolarArise’s operating revenues are generated through long-term, fixed price power purchase agreements.