Essar Global Fund Limited

Overview

Essar Global Fund Limited

A global investor, owning a number of world-class assets diversified across the core sectors of energy, infrastructure, metals and mining, and services and technology

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50 years of Entrepreneurship
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4 Key sectors
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$14 BN+ Revenue

Essar Global Fund Limited (EGFL) is a global investor which invests in building and nurturing world-class assets diversified across the core sectors of Energy (comprising of Energy Transition, Exploration & Production, Refining & Marketing), Infrastructure & Logistics (comprising Ports, Projects, Power and Green Mobility businesses), Metals & Mining (Green Steel project and DRI pellets) and Technology & Retail (comprising Shipping, Oilfield Services, Technology Solutions and FnV Retail).

EGFL portfolio companies have aggregate revenues of US$15 billion and employ over 7,000 people. Its investments are managed by Essar Capital that monitors the entire portfolio of investments owned by EGFL.

Essar is now poised to transition its existing assets towards a greener economy and invest in businesses which will transform sector landscapes from carbon to a clean energy ecosystem.

Some of the Essar’s new projects include building the United Kingdom’s first $1 billion blue hydrogen project at its Stanlow refinery site; production of green hydrogen and green ammonia in India; and development of a 4-million tons per annum green steel facility in the Middle East region.

Essar Foundation, the CSR arm of Essar and has a rich heritage of 50 years of service PAN-India; in health, education, livelihood, women empowerment, sports, environment and infrastructure.

Portfolio

Investment

Essar Capital

Essar Capital

Essar Capital Limited (“Essar Capital”) is the investment manager of Essar Global Fund Limited (“EGFL”). It monitors and manages the entire portfolio of investments owned by EGFL. Essar Capital is governed by its board of directors and its responsibilities as investment manager of EGFL include:

Implementing and managing investments and divestments

Monitoring performance of the portfolio

Preparing and delivering financial reports of EGFL

Implementing and overseeing appropriate policies and procedures