Orb Energy raises $15 million funding

January 2018

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 […]

IFC to lend $50 million to Mahindra Renewables

January 2018

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 […]

Indian Railways raises $500 million though its green bond

January 2018

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 […]

IREDA files IPO papers with SEBI

January 2018

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 […]

ReNew Power acquires 103 MW of wind projects

December 2017

ReNew Power has acquired 100 per cent stake in KCT Renewable Energy Private Limited (KCTREPL) from the Karm Chand Thapar [KCT] Group for Rs 10 billion. With this, ReNew Power has the ownership of KCTREPL’s […]

CleanMax Solar raises $15 million investment

December 2017

CleanMax Solar has received $15 million investment from the International Finance Corporation (IFC) in the form of compulsorily convertible debentures. The funds will be utilised for the construction of CleanMax’s greenfield solar projects across India. […]

PFC issues green bonds worth $400 million

December 2017

The Power Finance Corporation (PFC) issued $400 million of green bonds on the new International Securities Market of the London Stock Exchange on November 29, 2017. The Climate Bonds Initiative-certified green bonds have a tenor […]

IEX’s IPO oversubscribed by 2.28 times

October 2017

The Indian Energy Exchange’s IPO that opened for subscription on October 9, 2017 received bids for 12.05 million shares on the third and final day of bidding and was over subscribed by 2.28 times. The […]

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