IREDA has received approval from the Securities and Exchange Board of India for launching its initial public offering (IPO). The shares will be traded on the Bombay Stock Exchange and the National Stock Exchange. Under […]
The European Investment Bank and IREDA have signed an agreement worth Euro 150 million to promote renewable-based power generation in India. Under the agreement, a line of credit will be provided for a period of […]
The National Bank for Agriculture and Rural Development (NABARD) has received approval from the Green Climate Fund (GCF) for a $100 million loan to develop solar power projects in India. The loan is part of […]
Greenko plans to purchase wind and solar energy developer Orange Renewables for an enterprise value of about $1 billion. Greenko is backed by Singapore-based GIC and the Abu Dhabi Investment Authority, and is expected to […]
Longi Solar has announced its plans to double the capacity of its cell and module factory in Andhra Pradesh from 500 MW to 1 GW. To this end, the company will invest $309 million. This […]
Indian Renewable Energy Development Agency (IREDA) has entered into a $35 million sub-loan agreement for the development of the Rewa and Mandsaur solar projects in Madhya Pradesh. IREDA will be the nodal project implementation agency […]
The International Finance Corporation (IFC) is planning to invest $150 million in Aditya Birla Finance Limited (ABFL), a 100 per cent subsidiary of Aditya Birla Capital Limited. The loan will be utilised by ABFL to […]
The Canada Pension Plan Investment Board (CPPIB) has acquired 6.3 per cent stake in ReNew Power from the Asian Development Bank (ADB) for $144 million. ADB had first purchased this stake in ReNew Power by […]
YES Bank has announced its plans to mobilise $1 billion by 2023 for financing solar power projects in India. The announcement was made at the International Solar Alliance conference in Abu Dhabi where YES Bank […]
Vector Green Energy has completed the refinancing of two solar projects with a combined capacity of 223 MW in Telangana. The company had acquired these projects from First Solar in 2017. This was made possible […]
The Sindicatum Renewable Energy Company, a Singapore-based renewable energy company, has raised Rs 2.5 billion through the sale of rupee-denominated international green bonds. With this, Sindicatum has become the first Singapore-based company to issue international […]
Solex Energy Limited (SEL) has announced its IPO on Emerge, the National Stock Exchange’s platform for small and medium enterprises. The company is planning to issue 1,380,000 equity shares that are priced at Rs 52 […]
Global Infrastructure Partners (GIP) has acquired 100 per cent stake in Equis Energy for $5 billion. The amount includes a $1.3 billion debt of Equis Energy. With this acquisition, GIP now owns over 180 assets […]
Orb Energy has raised funds worth over $15 million to expand its rooftop solar business in India and Kenya. Of the total funds, the Netherlands Development Finance Company has provided $4 million as equity and […]
ReNew Power has raised an amount of $352 million to fund its expansion plans and loan repayment. The funds have been raised though non-convertible debentures (NCDs) issued in two parts. Around $232 million was raised […]
YES Bank has partnered with the European Investment Bank (EIB) to formulate a renewable energy financing programme for India. EIB will provide $200 million as a 15-year loan and the remaining $200 million will be […]
The International Finance Corporation (IFC), a member of the World Bank Group, will provide a $50 million loan to Mahindra Renewables Private Limited (MRPL) for setting up its 250 MW project in the Rewa Solar […]
The Indian Railways Finance Corporation has raised $500 million through the issuance of its first green bond on the London Stock Exchange’s new International Securities Market. The Climate Bonds Initiative-certified green bond was oversubscribed by […]
The Indian Renewable Energy Development Agency (IREDA) has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). IREDA aims to issue 139 […]
The MNRE has proposed to provide Rs 234.5 billion as financial assistance to discoms to facilitate rooftop solar deployment. The proposal entrusts discoms with the implementation of rooftop solar projects and aims to reduce the […]
COPYRIGHT © 2017 | RENEWABLE WATCH