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Biomass Company PRESPL Raises ₹360 Million Equity from Shell

The company had a Series-B investment from Neev Fund in April 2019

September 4, 2019

/ Anjana Parikh
/ Biofuel, Other
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Punjab Renewable Energy Systems Pvt. Ltd. (PRESPL), an Indian biomass-based energy company, has raised private equity investment from Shell. “With this follow-on fund investment by Shell, the ‘Series-B’ round of PRESPL stands fully subscribed and closed,” states the company statement.

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Anjana Parikh

More articles from Anjana Parikh.
biofuel manufacturingBiomass companyforeign investmentsinvestment bankerPRESPL
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