Adani Green Promoters to Infuse ₹93.5 Billion to Accelerate Renewable Deployment

The funding is expected to help the company reach 45 GW of renewables by 2030

December 26, 2023

/ Satish Shetty
/ Finance and M&A, Other, Renewable Energy
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Renewable energy developer Adani Green Energy will raise ₹93.5 billion ($1.1 billion) through preferential issuance of warrants to its promoters, which include Ardour Investment Holding and Adani Properties, at a share price of ₹1,480.75 (~$17.80) per share.

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Satish Shetty

More articles from Satish Shetty.
Adani GreenAdani PropertiesArdour Investment HoldingEquity ShareFinancingPromotersWarrants
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