Deal marks a major push to scale green financing and clean energy investments in India.

TPG to Acquire NIIF-Backed Aseem Infrastructure Finance for ₹4,000 Crore.

US private equity major TPG, along with consortium partners ICICI Bank and GIC, has agreed to acquire Aseem Infrastructure Finance Ltd for ₹4,000 crore, aiming to accelerate green funding initiatives in India. The transaction will result in the exit of Aseem’s existing sponsors, including the National Investment and Infrastructure Fund and the Government of India. Founded six years ago, Aseem focuses on long-term debt financing for infrastructure projects with a strong emphasis on clean energy. The acquisition includes the entire management team, a ₹1,800 crore loan book, and the Aseem brand. The deal aligns with TPG’s broader green financing strategy under TPG Rise Climate, as it builds a comprehensive platform to support India’s energy transition, spanning renewables, industrial decarbonisation, EV ecosystems, and sustainable infrastructure.