Greenko Energy raises ₹4,800 crore from NaBFID
after close1 source ↓written by the desknot a recommendation
- from the National
- ₹4,800 crore
- SPVs
- 38 special purpose vehicles
- renewable energy capacity
- 1 GW
Greenko Energy Holdings has secured ₹4,800 crore from the National Bank for Financing Infrastructure and Development (NaBFID) to retire maturing dollar debt. The funds are raised through a long-term loan to 38 special purpose vehicles (SPVs) with 1 GW renewable energy capacity, including solar, wind, and hydro. This move aims to strengthen the company's financial position and support its ongoing projects.
Not investment advice. For informational purposes only.