IREDA gets approval to launch its IPO

March 2018

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 […]

Greenko to acquire Orange Renewables

March 2018

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 […]

IFC to invest $150 million in Aditya Birla Finance

February 2018

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 […]

Sindicatum Renewable Energy raises Rs 2.5 billion funds

February 2018

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 announces its IPO

February 2018

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 […]

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 […]

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