Clix Capital gets $20 mn loan for promotion of sustainable projects
NBFC firm Clix Capital on Monday said it has signed an agreement with Global Climate Partnership Fund (GCPF) for USD 20 million (about Rs 160 crore) loan.
GCPF is a Luxembourg-based innovative impact investing fund managed by responsAbility Investments AG.
It finances renewable energy and energy efficiency projects across several developing and emerging nations directly and indirectly.
The funding will be earmarked for sustainable projects that help to mitigate climate change, Clix Capital MD and CEO Rakesh Kaul said.
