In Short : UltraTech Cement has successfully raised $500 million through sustainability-linked bonds to advance its Environmental, Social, and Governance (ESG) goals. The funds will be utilized to support initiatives aimed at reducing the company’s carbon footprint, enhancing energy efficiency, and promoting sustainable practices within its operations. This move underscores UltraTech’s commitment to achieving its […]
JSW Energy Raises Rs.500 Million -EQ
In Short – JSW Energy secures Rs. 500 million in funding, bolstering its financial position and affirming investor confidence in its growth prospects, fueling further expansion and innovation in the energy sector. In Details – JSW Energy, a leading player in the Indian energy sector, has successfully raised Rs.500 million by selling shares to […]
Tata Unit Agratas in India Is in Talks for Green Loan of Up to $500 Million – EQ
In Short : Agratas, a unit of Tata Group in India, is reportedly in talks for a green loan of up to $500 million. This initiative aligns with Tata’s commitment to sustainable practices and green financing for renewable energy or environmentally friendly projects. In Detail : Agratas Energy Storage Solutions Pvt Ltd. is in talks […]
Husk Power Plans to Raise $500 Million Over 5 Years for the Development of Mini-Grids in Sub-Saharan Africa – EQ
Husk Power Systems has made a significant commitment to accelerate climate-resilient economic growth in rural Sub-Saharan Africa through its “Africa Sunshot” initiative. The goal is to have 2,500 net-zero mini-grids operating in off-grid and weak-grid communities in the region within 5 years, with Husk aiming to mobilize $500 million in equity and debt for this […]
Actis’ Japanese Renewable Firm Gets $500 Million to Develop 1.1 GW Capacity – EQ Mag
Nozomi Energy created as a Japan-focused renewables platform targeting 1.1GW of generation by 2027 Nozomi will deliver onshore wind and solar power with first investment in Hergo Japan Energy London, Tokyo : Actis, a global investor in sustainable infrastructure, has launched Nozomi Energy, a new US$500 million Japan-focused renewables platform. Nozomi will target 1.1GW of […]
$500 Million ADB Loan to Support Philippine Agriculture Sector Reforms – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $500 million policy-based loan to help the Government of the Philippines expand economic opportunities in agriculture while ensuring near- to long-term food security for the population. The loan supports Subprogram 2 of the Competitive and Inclusive Agriculture Development Program, which aims to further develop […]
$500 Million ADB Loan to Support Indonesia’s Energy Sector, Green Recovery – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $500 million loan to support Indonesia’s energy sector reforms to boost fiscal sustainability and governance, expand private sector investments in clean and renewable energy, and promote green recovery from the coronavirus disease (COVID-19) pandemic. ADB will also administer a $15 million loan for the […]
Mahindra Group and British International Investment commit $500 million for electric SUV space – EQ Mag Pro
Earlier this month, the company unveiled its first electric SUV (sports utility vehicle) — XUV 400 — which it plans to launch early next year. Mahindra Group and British International Investment have committed $500 million (over Rs 4,000 crore) capital for the electric sports utility vehicle space, according to a company spokesperson. Impact investor British […]
Sri Lanka grants provisional approval for Adani energy projects – EQ Mag Pro
The approvals are for two wind projects in Mannar, Pooneryn Sri Lanka has granted provisional approval to Adani Green Energy for an investment of over $500 million in two wind projects in Sri Lanka’s northern province. The two projects will come up in Mannar and Pooneryn, said Sri Lanka’s power and energy minister Kanchana Wijesekera […]
Global Infrastructure Partners provides $500 million capital facility to BrightNight – EQ Mag Pro
NEW YORK : Global Infrastructure Partners (GIP), together with its co-investors, announced that it has closed on a $500 million investment in independent power producer (IPP) BrightNight, LLC, a leading renewable power company. BrightNight’s mission is to provide next generation power solutions by combining multiple renewable technologies and thereby enabling its customers to accomplish deeper […]