Leap Green Energy Private Limited announced that it has received a round of funding on July 11, 2024. The transaction included participation from new investor, Brookfield Global Transition Fund I, a fund managed by Brookfield Corporation. The company has entered into definitive strategic investment agreements with investor in the transaction.
The company has issued new common shares in the transaction. As a part of transaction, investor has taken majority stake in the company. The company has received $200 million funding, comprising both new common shares and shares acquisitions from current shareholders.