ReNew and Mitsui secure USD 730 million refinancing deal
after close1 source ↓written by the desknot a recommendation
- in India
- 320-MW hybrid portfolio
ReNew and Mitsui have secured a USD 730 million refinancing deal for their 320-MW hybrid portfolio in India, backed by a syndicate of 12 banks including Standard Chartered and Bank of America. The funds will be used to repay existing debt and cover project costs across Rajasthan, Maharashtra, and Karnataka. This move strengthens their position in the renewable energy sector, enhancing project viability and investor confidence.
Not investment advice. For informational purposes only.