India's Largest Clean Energy Startup ReNew Power Raises $375 Mn Via Green Bond Issue
25 March 2019 11:04 PM GMT
India?s largest independent power generation company in the renewable energy sector, ReNew Power Limited, has raised yet another round of funding from international investors as it continues to aggressively push to expand its project pipeline. ReNew Power�Thursday has concluded a green�bond�issue of US$375 million (
- India’s largest independent power generation company in the renewable energy sector, ReNew Power Limited, has raised yet another round of funding from international investors as it continues to aggressively push to expand its project pipeline.
- Green Bonds  are debt instruments that allow investors to invest in sustainable projects while offering issuers affordable funding to finance these projects.
- The capital raised through the green bond issue will be utilised for refinancing outstanding external commercial borrowings and as capex in eligible green projects.
- The international bond investors have seen us deliver on committed performance and, hence, have come forward to invest in our new issuance.
Next Story
