Adani Green Energy raises $288 million for RE projects
New Delhi: Adani Green Energy has raised USD 288 million (about Rs 2,188 crore ) for the construction of its renewable energy projects. “Adani Green Energy Ltd (AGEL) has extended its Construction Financing Framework to USD 1.64 billion by raising a USD 288 million facility for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading international lenders,” a company statement said.
The facility will initially finance the 450 MW hybrid portfolio of solar and wind renewable projects that AGEL is setting up in Rajasthan. In March 2021, AGEL had closed a USD 1.35 billion construction revolver facility in one of Asia’s largest project financing deals, it added.
