{"id":460991,"date":"2022-01-10T08:27:12","date_gmt":"2022-01-10T02:57:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=460991"},"modified":"2022-01-10T08:48:30","modified_gmt":"2022-01-10T03:18:30","slug":"renew-power-raises-400-million-from-global-debt-investors","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/renew-power-raises-400-million-from-global-debt-investors\/","title":{"rendered":"ReNew Power raises $400 million from global debt investors"},"content":{"rendered":"<p>ReNew Power has raised USD 400 million from global debt investors, making it the second issue from the country after Reliance Industries&#8217; mop-up of USD 4 billion.<\/p>\n<p>The renewable energy firm said the money was raised by the Mauritius-based Clean Energy Holdings, a wholly-owned subsidiary of Renew Energy Global Plc that is the parent of the operating firm ReNew Power. <\/p>\n<p>It offered a coupon of 4.5 per cent to the USD 400-million 5.25-year senior secured dollar notes.<\/p>\n<p>The money will be used to refinance existing high-cost debt and fund capital expenditure, among other uses, the Gurugram-headquartered and Nasdaq-listed company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ReNew Power has raised USD 400 million from global debt investors, making it the second issue from the country after Reliance Industries&#8217; mop-up of USD 4 billion. The renewable energy firm said the money was raised by the Mauritius-based Clean Energy Holdings, a wholly-owned subsidiary of Renew Energy Global Plc that is the parent of the operating firm ReNew Power. It offered a coupon of 4.5 per cent to the USD 400-million 5.25-year senior secured dollar notes. The money will be used to refinance existing high-cost debt and fund capital expenditure, among other uses, the Gurugram-headquartered and Nasdaq-listed company said.<\/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-460991","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\/460991","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=460991"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460991\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=460991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=460991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=460991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}