Brookfield to Invest $12 Bn in Andhra’s Green Energy Push, Targets $100 bn India Portfolio by 2030

Global infrastructure giant Brookfield Asset Management has announced its plans to invest $12 billion in Andhra Pradesh’s renewable energy sector over the next three years. This will be the largest single-state, clean energy commitment, by any global investor in India. The move is part of the company’s vision to scale its India portfolio from $30 billion to $100 billion by 2030.

The investment will primarily focus on renewable power generation, green hydrogen, and integrated manufacturing facilities. Brookfield plans to collaborate with local and global partners to set up large-scale solar and wind projects, develop green hydrogen production capacity, and build component manufacturing units to strengthen India’s clean energy supply chain.

This multi-billion-dollar initiative signals strong investor confidence in Andhra Pradesh’s policy stability, infrastructure readiness, and renewable potential. The state has abundant land, robust transmission networks, and a coastline conducive to wind and green hydrogen projects.

In addition to the $12 billion clean energy investment, Brookfield is exploring opportunities in real estate and hospitality across Andhra Pradesh. Discussions are underway for a satellite township project north of Visakhapatnam (Vizag), as well as new hotels under the Leela brand, which Brookfield owns through its hospitality arm. These investments, while separate from the renewable energy portfolio, point to Brookfield’s larger strategy of integrating infrastructure, energy, and urban development within fast-growing Indian states.