ReNew Power raises $585 mn through dollar bonds
MUMBAI: ReNew Power Pvt Ltd, one of the largest green energy producers in the country, has raised $585 million through its latest dollar bond offering.
The green bonds bonds, due 2028, were priced at 4.5%
The proceeds will be used to refinance debt of around 803MW of operating wind and solar assets.
Moody’s Investors Service had last week assigned a Ba3 rating to these bonds.
