Chennai: Artha Energy Resources (AER) has announced the launch of RenewShare, a renewable energy (RE) investment platform that enables fractional ownership of RE assets in the country.

Launched as an autonomous investment platform, RenewShare caters to investors interested in diversifying their existing portfolio while being a part of the fast-growing RE landscape in India, said a company statement.

The platform, during its launch, has already enlisted a Special Purpose Vehicle (SPV) with assets worth Rs 7 crore and an early investment commitment of Rs 10 crore from investors, with RE assets spread across four cities, it added.