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BA Prerna Renewables
BA Prerna Renewables is a wholly-owned subsidiary of BA Continuum India Pvt. Ltd., which is the India arm of Bank of America. It was established in 2022 to develop and procure renewable energy projects, primarily solar and wind, to meet Bank of America's internal energy requirements in India. The company acts as an off-taker for power purchase agreements and facilitates the development of greenfield renewable assets.
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Renewable Energy DeveloperDeveloperOfftaker
Strategic Overview
- BA Prerna Renewables serves as a vehicle for Bank of America's internal sustainability goals and renewable energy procurement in India.
- The company's strategy involves developing projects through third-party developers and securing power via PPAs for its parent company's facilities.
Deal History (1)
Deal Activity from Public Sources
Bank of America, through BA Prerna Renewables, to set up 100 MW solar and wind power projects in India to meet its energy requirements.
Investment Focus
Technologies
Hybrid1
Geography
India1
Key People
Anand Krishna
Director
Srinivasan Raghavan
Director
Vishal Gupta
Director
Track Record
100
MW Total
1
Deals Completed
2
Years Active
Notable projects: 100 MW Solar and Wind projects in Karnataka and Maharashtra
Detailed Analysis
Technologies
Sectors
Geographies
Deal Stage
Global Infrastructure Sherpa