GAIL invests $1.39M in TruAlt Bioenergy’s Leafiniti Bioenergy
In India, TruAlt Bioenergy Limited announced a strategic investment of ₹130 million by GAIL (India) Limited in its subsidiary, Leafiniti Bioenergy Private Limited (LBPL), marking a significant step in advancing its Compressed Biogas (CBG) portfolio and strengthening its role in India’s energy transition.
This investment is pursuant to the Share Subscription-cum-Shareholders’ Agreement executed on August 11, 2025, under which GAIL is set to acquire 49% equity stake in Leafiniti. Under the terms of the agreement, GAIL will invest an aggregate amount of ₹13,54,32,150 (₹130 million) towards subscription of equity shares in Leafiniti, with the capital to be deployed towards new CBG projects. Post completion of the transaction, TruAlt will retain a stake of 51%, while GAIL will hold 49% equity, reflecting a balanced and strategic partnership structure. The investment is aligned with defined project approvals and governance mechanisms, ensuring disciplined capital allocation and phased scale-up of the clean gas portfolio.
Category: Fuels
