Adani Green raises $1.35 bn to fund 1.7 GW hybrid renewable projects

Adani Green Energy has raised $1.35 billion in foreign loans from 12 international banks to finance 1.69 GW under-construction hybrid (wind+solar) renewable projects in Rajasthan.

The 12 international banks which have committed for the revolving credit facility are Standard Chartered Bank, Intesa Sanpaolo, MUFG Bank, Sumitomo Mitsui Banking Corporation, Cooperative Rabobank, DBS Bank, Mizuho Bank, BNP Paribas, Barclays, Deutsche Bank, Siemens Bank, and ING Bank.

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