Investor Presentation
Experienced Board Backed by Long Term Marquee Shareholders
Azure Power
Caisse de dépôt et placement
du Québec
• Increased stake in Azure Power to c.50.3% through multiple rounds & open market purchase
• 2nd largest Canadian pension fund (Rated AAA)
• Over US $250 bn assets, of which over c. US$ 4.5bn invested in India
• Long term institutional investor: Investments in infrastructure globally of c.US$ 23bn of which c.53% in
Energy
IFC
International
Finance Corporation
WORLD BANK GROUP
IFC Global Infrastructure Fund
• Made its first investment in company in 2010 and increased stake through multiple rounds with current
holding of c.22.1%
• Arm of World Bank and largest global development institution
• US$27bn+ investment since 2007 in Infra & Natural Resources
Long term institutional investor: Leading global investor in emerging market renewable power with
c.US$6.1 billion invested
Barney Rush
Chairman and
Independent Director
■Serves on the board of ISO-New
England, the electric grid and wholesale
market operator for six U.S. states
■Served as Group CEO of Mirant Europe
and Chairman of the Supervisory Board
of Bewag serving utility in Germany
Ranjit Gupta
Chief Executive
Officer and Director
■Extensive experience in
Renewable Energy, Thermal Power and
the O&G industry
■ Co-founded and served as
the Chief Executive Officer
of Ostro Energy
Supriya Sen
Independent Director
Over 30 years of experience in
banking, private equity, capital markets
and multilateral funding and investment
as well as significant involvement in
sustainability initiatives globally and in
India.
■Currently, Senior Advisor with Mckinsey
Arno Harris
Independent Director
Former founder and CEO of
Recurrent Energy and Prevalent Power
■Serves as a board member
emeritus and former board chair of the
Solar Energy Industry Association
Khalid Peyrye
Independent Director
■Heads the Corporate Secretarial
and Administrative cluster of AAA
Global Services
■■Previously was a Money
Laundering and Compliance officer for
a leading financial services company
Cyril Cabanes
Non-Executive
Director
Vice President, Head of
Infrastructure Transactions, Asia-Pacific
at CDPQ
■ 20+ years of experience across
all facets of infrastructure
transactions including acquisitions,
financing and fundraising
Deepak Malhotra
Non-Executive
Director
■Director, Infrastructure, South Asia
at CDPQ
■18+ years of experience in
infrastructure financing. He previously
worked at International Finance
Corporation, World Bank, at a leading
credit agency in India and in the
Merchant Navy
M.S Unnikrishnan
Non Executive
Director
■ Over 30 years of experience in
the energy and environmental sector.
Asia Innovator of the Year by CNBC
Asia, one of the best CEOs in India
by Grant Thorton, and India Innovator
of the Year by CNBC India
■Managing Director and CEO
of Thermax Ltd.
■CDPQ Representative
Yung Oy Pin (Jane)
Lun Leung
Independent Director
■ Extensive experience in
accounting, auditing, taxation, corporate
secretarial and administration in the
United Kingdom & Mauritius.
■Previously she has worked
with Ascough Ward Chartered
Accountants, Kingston Marks Chartered
Certified Accountants and Deloitte
& Touche across various sectors
12View entire presentation