The journey of Mytrah Group
Headquartered in London, UK, the Mytrah Group is focused on delivering sustainable energy in a world without subsidies. The group is privately owned and takes a long-term view of business, guided by strong corporate values and high ethical standards.
Mytrah placed an India-focused subsidiary - Mytrah Energy Limited (MEL)
- on the AIM segment of the London Stock Exchange in 2010, raising $80 million from institutional investors such as Capital Group, Blackrock and Henderson. Since then it has raised approximately $500 million of mezzanine and senior debt, to fund construction of over 550 MW of wind power in India by early 2014. In addition, MEL has a goal of owning 1500 MW of wind power by 2016.
Mytrah has an international management team with worldwide financial and operations experience. This team leads an organization of over 200 people, including some of the world's most experienced wind energy professionals in the areas of (1) wind resource assessment, (2) land acquisition, (3) engineering, procurement, and construction (EPC), (4) commercial analysis, (5) vendor frameworks, (6) grid analysis, (7) operations and maintenance and (8) financing.