Brookfield, a New York-based investment firm, has agreed to invest $12 billion in green energy projects in Andhra Pradesh (AP), India, over the next three years, including a clean energy-powered 3-gigawatt (GW) data center.
Brookfield’s investment, announced at the 2025 Confederation of Indian Industry (CII) Partnership Summit held in AP, is the biggest foreign investment in India’s green energy sector. It surpasses commitment from ReNew Energy Global ($6.7 billion).
This is among the largest recent investments in AP, second only to Google’s $15 billion plan to build an AI hub and India’s largest data center with Adani Group from 2026 to 2030—the biggest such project outside the US.
As a part of Brookfield’s investment commitment, in November, Evren, a clean energy platform in India, a joint venture between Brookfield and Axis Energy, launched a hybrid project. The initiative combines 640 megawatts of wind and 400 megawatts of solar capacity to form a 1.04-GW project worth $1.12 billion at Kurnool in AP.
Rural Electrification Corporation Limited (REC), a public-sector and non-banking finance company, sanctioned $846 million in funding for the project. It was the single largest sanction by REC for a private project.
Brookfield is focusing on investments across the value chain in the green energy sector. It is likely to invest in the integrated manufacturing facility of Indian solar manufacturer Indosol, India’s Navayuga renewable energy portfolio, and green hydrogen projects.
Brookfield is also planning to invest in other sectors in the state, like a satellite township and hotels under its Leela brand, and aims to expand its Indian portfolio from $30 billion to $100 billion by 2030. The company will increase investments beyond the $12 billion pledged to invest in the real estate and hospitality sectors.
The summit attracted a total of $149.83 billion in investments. AP has become the best business destination for foreign investors and multinational corporations among the southern Indian states, due to its investor-friendly government policies, including escrow account facilities and sovereign guarantees, real-time land and clearance processing, sector-specific incentives for data centers and green energy, and single window clearance.
