Adani Green raises $1.35 billion from 12 global banks for renewables portfolio by admin- Thursday, March 18th, 2021 03:36:30 PM
Adani Green Energy sealed a USD 1.35 billion senior debt facility with participation from 12 international banks to finance its under-construction renewable portfolio
This strengthens AGEL’s strategy to absolutely fund its under production asset portfolio and brings it a step toward its imaginative and prescient of 25 GW capability with the aid of 2025.
The facility might to start with finance the 1.69 GW hybrid portfolio of sun and wind renewable projects to be setup in four SPVs inside the country of Rajasthan, India.
It is certainly one of the most important revolving undertaking financing offers up to now inside the renewable area in Asia.
The facility might be the first licensed inexperienced hybrid project mortgage in India.