Adani Green Raises $362.5 Million Through Issuance of Green Bonds

The proceeds from the issue are expected to be used by Adani subsidiaries to pay off their existing loans and meet other capital expenditure

October 4, 2019

/ shaurya

/ Finance and M&A, Solar

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Adani Green Energy Limited (AGEL) has announced that its subsidiaries, Adani Renewable Energy Limited, Wardha Solar (Maharashtra), and Kodangal Solar Parks Private Limited, have approved the issuance of dollar-denominated 20-year senior secured green bonds amounting to $362.5 million.

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Adani Green Raises $362.5 Million Through Issuance of Green Bonds

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