Adani Green Energy Limited (AGEL) raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading international lenders. The revolving project finance facility would initially finance the 1.69 GW hybrid portfolio of solar and wind renewable projects to be setup in four SPVs in…
Tag: Adani Green Energy funding
Adani Green Energy enters into a JV with TOTAL, receives Rs3,707 cr
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•TOTAL S.A , through its step-down subsidiary announced it has invested approx. Rs 3,707 cr for 50% partnership with AGEL in a Joint Venture (JV). The JV houses 2,148 GW operating solar projects operating across 11 states in India. The portfolio includes the Restricted Group 1 & 2 projects, which had recently raised $862.5mn from…
TOTAL to pick 50% stake in solar projects run by Adani Green Energy
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•Adani Green Energy Limited and Total Gas & Power Business Services SAS have entered into a binding arrangement for investment of about $510 million for acquisition of 50% stake and other instruments in a joint venture company, which will house 2,148 MWac operating solar projects presently 100% owned by AGEL. The rest 50% stake in…