Brookfield launches Lumara platform with $600 million investment to accelerate India's renewable energy growth
Type: Investment · Technology: Solar · Country: India · Capacity: 6 GW · Value: $600M · Announced: 2026-07-31
Brookfield announced a $600 million investment to launch the Lumara platform, a new renewable energy vehicle focused on solar, wind, and battery storage projects in India. The platform will target the development of utility‑scale solar farms and wind parks, as well as battery storage assets to support grid stability. By injecting capital in July 2026, Brookfield aims to accelerate the addition of gigawatts of clean capacity to India's energy mix and strengthen its presence in the South Asian market. The investment underscores Brookfield's strategy to expand its renewable portfolio and capture growth opportunities in emerging markets. No external lenders or advisors were disclosed in the announcement.
Counterparties
- Brookfield (Investor)
- Lumara (Platform)
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