In Short : Inox Clean Energy has raised ₹3,400 crore from the National Bank for Financing Infrastructure and Development to refinance the existing debt of its subsidiary, Vibrant Energy. The funding will strengthen the company’s financial position, reduce cost of capital, and support long-term growth in India’s renewable energy sector. In Detail : Inox Clean […]
ReNew Becomes First Indian Renewable Energy Company To Refinance Dollar-Denominated Bonds – EQ Mag Pro
Refinancing slashes interest cost by 200 basis points Redeems US$ 525 million of outstanding bonds through longer-term financing Gurugram, India : ReNew Energy Global plc (“ReNew” or “the Company”) (Nasdaq: RNW, RNWWW), India’s leading renewable energy company, announced today that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortising project debt from an […]
