Adani Green Energy raises US$1.36 billion from consortium of international banks

Adani Green Energy raises US$1.36 billion from consortium of international banks

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According to the statement, the world’s largest renewable energy park at Khavra will not only enable AGEN’s vision of achieving 45 GW of operational renewable capacity by 2030, but will also play a key role in India’s journey towards net zero carbon emissions.

Adani Green Energy (AGEL) on Tuesday announced that it has raised US$1.36 billion from a consortium of international banks. The funding of US$1.36 billion follows the initial project financing in March 2021, bringing the company’s total funding to US$3 billion, according to a statement issued by AGEL.

The Green Loan Facility will play a key role in enabling the development of the world’s largest renewable energy park in Khavra, Gujarat. According to the statement, the world’s largest renewable energy park at Khavra will not only enable AGEN’s vision of achieving 45 GW of operational renewable capacity by 2030, but will also play a key role in India’s journey towards net zero carbon emissions.

Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.



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