{"id":624549,"date":"2023-12-27T09:58:03","date_gmt":"2023-12-27T04:28:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=624549"},"modified":"2023-12-27T10:27:30","modified_gmt":"2023-12-27T04:57:30","slug":"adani-green-to-raise-rs-9k-cr-from-promoters","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-green-to-raise-rs-9k-cr-from-promoters\/","title":{"rendered":"Adani Green to raise Rs 9K cr from promoters"},"content":{"rendered":"<p>The promoters of Adani Green Energy (AGEL), the renewable energy arm of Adani Group, will infuse `9,350 crore ($1.13 billion) in the company that would be used to cut debt. This transaction follows a $1.4-billion debt raised earlier this month and takes the total capital raised to $3 billion.The company\u2019s board on Tuesday approved a proposal to issue 63.1 million warrants at `1,480.75 per share to the promoters for the fundraise. The funds will be utilised for deleveraging and accelerating growth spends, AGEL said in a regulatory update. <\/p>\n<p>\u201cThis investment by the Adani family underscores our commitment not only to making our nation\u2019s clean energy dream a reality but also to an equitable energy transition where we phase down traditional power sources while simultaneously phasing up green,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The promoters of Adani Green Energy (AGEL), the renewable energy arm of Adani Group, will infuse `9,350 crore ($1.13 billion) in the company that would be used to cut debt. This transaction follows a $1.4-billion debt raised earlier this month and takes the total capital raised to $3 billion.The company\u2019s board on Tuesday approved a proposal to issue 63.1 million warrants at `1,480.75 per share to the promoters for the fundraise. The funds will be utilised for deleveraging and accelerating growth spends, AGEL said in a regulatory update. \u201cThis investment by the Adani family underscores our commitment not only to [&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":[130,240,138],"tags":[],"class_list":["post-624549","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/624549","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=624549"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/624549\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=624549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=624549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=624549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}