Adani Green Energy (AGEL) raised a follow-on funding of $1.36 billion from a consortium of eight international banks to boost its construction financing pool to $3 billion. This will be one of the largest project financing deals in Asia, the company said in a regulatory filing.
The green loan facility will help the company in developing the world’s largest renewable energy park at Khavda in Gujarat, which will have a generation capacity of 17 GW.