{"id":596474,"date":"2023-08-08T09:29:42","date_gmt":"2023-08-08T03:59:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=596474"},"modified":"2023-08-08T09:56:27","modified_gmt":"2023-08-08T04:26:27","slug":"adani-energy-achieves-1-bn-financial-closure-for-transmission-asset","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-energy-achieves-1-bn-financial-closure-for-transmission-asset\/","title":{"rendered":"Adani Energy achieves $1 bn financial closure for transmission asset"},"content":{"rendered":"<p>Adani Energy Solutions, previously known as Adani Transmission, has announced the financial closure of $1 billion for its transmission asset currently under development in Mumbai. The company plans to initiate construction work in October.<\/p>\n<p>The financial package forms part of a $700 million revolving project finance facility set up in October 2021 for its portfolio of transmission assets under construction. In a prior statement, the company mentioned the unique capital expenditure revolving structure of the facility provides funding of $1.1 billion on a fully drawn basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Energy Solutions, previously known as Adani Transmission, has announced the financial closure of $1 billion for its transmission asset currently under development in Mumbai. The company plans to initiate construction work in October. The financial package forms part of a $700 million revolving project finance facility set up in October 2021 for its portfolio of transmission assets under construction. In a prior statement, the company mentioned the unique capital expenditure revolving structure of the facility provides funding of $1.1 billion on a fully drawn basis.<\/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-596474","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\/596474","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=596474"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/596474\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=596474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=596474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=596474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}