{"id":302518,"date":"2019-11-23T11:51:58","date_gmt":"2019-11-23T06:21:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=302518"},"modified":"2019-11-23T11:58:41","modified_gmt":"2019-11-23T06:28:41","slug":"avaada-energy-gets-15-mn-funding-from-french-finance-institution-proparco","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/avaada-energy-gets-15-mn-funding-from-french-finance-institution-proparco\/","title":{"rendered":"Avaada Energy gets $15 mn funding from French finance institution Proparco"},"content":{"rendered":"<p>Solar projects developer Avaada Energy on Friday said it has secured $15 million (around Rs 107.55 crore) funding from French development finance institution Proparco. <\/p>\n<p>In April, Avaada received a total investment of over Rs 1,000 crore from Asian Development Bank, DEG, Dutch finance development company FMO and company&#8217;s promoter. <\/p>\n<p>&#8220;Avaada Energy&#8230;has received $15 million in equity investments from Proparco, a French development finance institution for part financing its renewable energy portfolio of the targeted 5 GW capacity,&#8221; the company said in a statement. <\/p>\n<p>This clearly establishes the capability and strength of Avaada in executing renewable projects and attracting quality global investors. Avaada will continue to seek investment from quality long-term investors to grow its portfolio which will help the country&#8217;s fight against climate change, it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solar projects developer Avaada Energy on Friday said it has secured $15 million (around Rs 107.55 crore) funding from French development finance institution Proparco. In April, Avaada received a total investment of over Rs 1,000 crore from Asian Development Bank, DEG, Dutch finance development company FMO and company&#8217;s promoter. &#8220;Avaada Energy&#8230;has received $15 million in equity investments from Proparco, a French development finance institution for part financing its renewable energy portfolio of the targeted 5 GW capacity,&#8221; the company said in a statement. This clearly establishes the capability and strength of Avaada in executing renewable projects and attracting quality global [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-302518","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=302518"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302518\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=302518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=302518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=302518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}