India, Oct. 14 -- The European Investment Bank's development arm, EIB Global, is investing up to $60 million in the India Energy Transition Fund, a new greenfield infrastructure fund that will accelerate private capital investment in sustainable infrastructure and support decarbonisation efforts in India. It is the country's first energy transition fund managed by a domestic fund manager. The announcement was made today in New Delhi by EIB Vice-President Nicola Beer and CEO of EAAA Alternatives Subahoo Chordia.The fund has a target size of $300 million and will channel equity and quasi-equity into greenfield infrastructure projects and growth-stage companies. Most commitments will go to climate action and environmental sustainability, inclu...