BRIEF-EDEN Renewables India achieves financial closing of 450 MWp1 solar PV project
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Electricite de France SA EDF.PA /Total Eren TOTF.PA :
* Total Eren and EDF Renouvelables are pleased to announce that EDEN Renewables India, their equally owned joint venture dedicated to large-scale Indian solar photovoltaic (PV) projects, has successfully secured Financial Close for its 450 MWp1 SECI III solar PV project, with a group of three major international banks.
* The SECI III project has been successfully financed through a green limited recourse project term loan of USD 165M provided by DBS Bank Ltd, Standard Chartered (LON:STAN) Bank, and Sumitomo Mitsui Banking Corporation (Singapore Branch) Further company coverage: EDF.PA
Source: reuters
