Adani Green raises $750 mn via green bonds
New Delhi: Adani Green Energy Ltd (AGEL) on Thursday said it has raised $750 million (around Rs 5,483 crore) through green bonds. “AGEL… has priced its maiden ListCo senior issuance of $750 million through a 3-year issuance under the 144A / Reg S format, at a fixed coupon of 4.375 per cent,” a company statement said.
The issuance was oversubscribed by 4.7x.
The funds shall be utilised towards equity funding of the capex for renewable projects under construction by AGEL.
