The $5-million investment from FMO, was deployed from its Infrastructure Development Fund, followed by a $20-million investment in 2018 by Shell, Swedfund, and ENGIE Rassembleurs D’Energies New Delhi: Husk Power Systems, a Bihar-based off-grid renewable energy start-up, has received $5-million funding from Dutch development bank FMO, the company said in a press release on Tuesday. […]
FMO, the Netherlands’ development finance company, plans to make a debt investment of $30 million (Rs 209 crore) in Kolkata-based Srei Equipment Finance Ltd (SEFL), a wholly owned unit of Srei Infrastructure Finance Ltd. SEFL would use the entire loan for refinancing in the renewable energy segment, FMO said in a disclosure. The company would […]