Greenko Energy raises ₹4,800 crore from NaBFID
pre-market1 source ↓written by the desknot a recommendation
- from the National
- ₹4,800 crore
- SPVs
- 38 special purpose vehicles
- 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 will be allocated to 38 special purpose vehicles (SPVs) with a combined renewable energy capacity of 1 GW, including solar, wind, and hydro projects.
This financing is crucial for managing debt obligations and maintaining operational stability, potentially enhancing investor confidence in the renewable energy sector. 📈
Not investment advice. For informational purposes only.