Greenko Group has secured a Rs 48 billion long-term loan from the National Bank for Financing Infrastructure and Development (NaBFID). The loan has a tenure of 25 years and has been arranged to refinance green […]
Inox Clean Energy, part of the INOXGFL Group, is raising Rs 34 billion through a 20-year loan from the National Bank for Financing Infrastructure and Development (NaBFID) to refinance existing debt following the acquisition of […]
BluPine Energy Private Limited has raised a Rs 54 billion long-term loan from Axis Bank, with a repayment period ranging between 16 and 20 years. The financing carries an interest rate of about 7.7 per […]
The Asian Development Bank (ADB) has approved a results-based loan of $460 million. The loan is intended to upgrade rural power infrastructure and promote distributed renewable energy generation. It further aims to boost agricultural productivity […]
The Asian Development Bank (ADB) has approved a $52.72 million loan to support the Grid Expansion Project in Cambodia. The initiative will boost the national transmission network, enable greater integration of renewable energy, and address […]
The Indian Renewable Energy Development Agency (IREDA) has approved a Rs 11.34 billion loan for Insolation Energy’s wholly owned subsidiary, Insolation Green Energy. The loan will be utilised for the development of a 4.5 GW […]
CAF, which is the development bank of Latin America and the Caribbean, has approved a $100 million loan to aid the energy sector reform in the Bahamas. The approved resources will help the government of […]
The World Bank has approved a €79.90 million loan along with a €2.89 million grant to advance Bosnia and Herzegovina’s National Energy and Climate Plan (NECP). The financial package is aimed at enhancing the country’s […]
Indian Renewable Energy Development Agency Limited (IREDA), a government-owned lender, has secured a loan facility from the State Bank of India (SBI) Tokyo amounting to approximately $172 million. This includes a greenshoe option of around […]
The European Investment Bank (EIB) has granted a €225 million framework loan to Prologis to facilitate its plan for producing electricity from low-carbon sources. This will be achieved by installing solar panels on the roofs […]
The European Investment Bank (EIB) and Naturgy have signed a €1 billion loan agreement to fund new solar energy and onshore wind power stations in Spain, as well as to modernise and convert existing facilities […]
The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited have finalised an $820 million loan to provide construction financing for 12 renewable energy projects in Thailand. The portfolio includes eight ground-mounted solar photovoltaic […]
The Asian Development Bank (ADB) has sanctioned a $434.25 million loan to support renewable energy development and strengthen energy security in Assam. Reportedly, the Assam solar project will establish a 500 MW grid-connected solar photovoltaic […]
The European Investment Bank (EIB) has signed a €120 million loan with Iberdrola to support the advancement of energy technology research and innovation, accelerating the electrification and decarbonisation of the economy. The total investment linked […]
Gevo has secured a conditional commitment for a $1.46 billion loan guarantee (excluding capitalised interest during construction) from the US Department of Energy (DOE) Loan Programs Office (LPO) for its Net-Zero 1 (NZ1) project in […]
British International Investment (BII), the UK’s development finance institution and impact investor, along with FMO, the Dutch entrepreneurial development bank, have revealed a shared commitment of $50 million in loans to BECIS for assisting renewable […]
The board of Indian Renewable Energy Development Agency (IREDA) has sanctioned a borrowing plan amounting to Rs 242 billion for the fiscal year 2024-25. The borrowing endeavor incorporates diverse methods of acquiring funds, highlighting IREDA’s […]
Serentica Renewables has inked its inaugural overseas commercial bank loan denominated in foreign currency, amounting to Rs 35 billion. This financing is intended for the implementation of its round-the-clock (RTC) renewable energy initiative in India. […]
The Asian Development Bank (ADB) has given its approval for a $250 million policy-based loan aimed at enhancing the financial sustainability of India’s power sector and promoting the transition towards renewable energy. This policy-based loan […]
The World Bank has sanctioned a development policy loan worth $1 billion with the aim of bolstering South Africa’s energy sector, advancing its low-carbon transition, and supporting the ongoing electricity market reforms in the country. […]
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