Actis‑backed BluPine Energy wins “ESG Investment Initiative of the Year – Asia” at Sustainable Investment Awards 2025
- Sub Editor
- 6 days ago
- 2 min read
BluPine Energy Private Limited (henceforth BluPine Energy), an Actis-backed leading renewable energy platform, has been recognised as the ESG Investment Initiative of the Year – Asia at the Environmental Finance Sustainable Investment Awards 2025 for the second consecutive year. The recognition underscores BluPine’s strong commitment to sustainability, inclusive community development, and its pivotal role in advancing India’s clean energy transition.
The award celebrates BluPine’s differentiated, ESG-first growth strategy—driven by strategic acquisitions and integrated renewable solutions—as well as its on-ground impact through skill-building, job creation, and sustainability initiatives embedded across its operations.
Speaking on the win, Mr. Neerav Nanavaty, CEO, BluPine Energy said, “This recognition reaffirms our belief that sustainability must go hand in hand with scale. At BluPine, we are not only building a robust renewable energy portfolio but also investing in people, communities, and inclusive progress. Our sustainability-driven approach, supported by Actis, enables us to deliver long-term value while actively contributing to India’s energy transition journey.”
Adding to this, Mr. Sumit Barat, Chief Sustainability Officer, BluPine Energy said, “At BluPine, we are embedding sustainability into every facet of our strategy—from project development and operations to community engagement and governance. This award is a testament to our team’s dedication and the strength of our long-term vision to promote Just Transition that creates enduring value for stakeholders, communities, and the environment.”
As part of its Just Transition initiative, BluPine operates a community training programme that Actis describes as a “defining element of its approach to sustainability-led value creation and securing a license to operate.” It currently operates 21 skill development centres (located in Gujarat, Rajasthan, Karnataka and Chhattisgarh) near its project sites, focused on training youth in the communities—particularly women—in utility-scale renewable energy operations. The programme currently covers over 1,000 beneficiaries, predominantly from underserved sections of the society, with women comprising 49% of participants. The centres offer hands-on training in solar plant maintenance, electrical diagnostics, and data monitoring. BluPine also supports women-led self-help groups (SHGs) in tasks like landscape management and solar panel cleaning, fostering micro-entrepreneurship. These initiatives have collectively enabled the creation of over 3,500 jobs across BluPine operations.
About BluPine Energy
BluPine Energy is a leading renewable energy platform established in India by Actis, a global investor and leader in sustainable infrastructure. With an $800 million commitment from Actis’ Energy Fund 5, BluPine Energy is developing a robust 4+ GW clean energy portfolio dedicated exclusively to India. BluPine Energy is an ISO-certified company, having obtained certifications under ISO 9001 for Quality, ISO 45001 for Safety, and ISO 14001 for Environment.
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