In Short : The Asian Development Bank (ADB) issued a $4 billion five-year global benchmark bond with a 4.50% coupon, maturing August 2028. Priced at 99.961%, it yields 14.6 basis points over U.S. Treasuries. The issuance saw broad global demand: 53% EMEA, 29% Americas, 18% Asia. ADB plans to raise $28–30 billion from capital markets […]
ADB Sells $2 Billion 10-Year Global Benchmark Bond – EQ
In Short : ABB has issued a $2 billion 10-year global benchmark bond, attracting strong investor interest. The proceeds will support general corporate purposes, including refinancing debt and funding growth initiatives. The bond reflects confidence in ABB’s creditworthiness and market position. Details on the interest rate remain undisclosed, but favorable terms were secured due to […]
Inox Green Energy Services Sells Entire Stake In 3 Arms To Adani Green Energy – EQ Mag Pro
Inox Wind on Monday said its arm Inox Green Energy Services has sold its entire equity stake in three special purpose vehicles to Adani Green Energy. “Inox Wind… through its subsidiary arm, Inox Green Energy Services Ltd (IGESL) has sold the entire equity shareholding held in Wind One Renergy Ltd, Wind Three Renergy Ltd and […]
ABO Wind sells two 100 MW solar projects in South Africa – EQ Mag Pro
Project rights sold to South African SOLA Group The Wiesbaden-based project developer ABO Wind has sold the project rights to two photovoltaic solar farms in South Africa, each with a capacity of 100 megawatts. The buyer, the South African SOLA Group, has already concluded a private Power Purchase Agreement (PPA) for the projects with the […]
Tata Motors sells 3,845 electric cars in August 2022 – EQ Mag Pro
Tata EV Sales : Tata Motors sold 3,845 EVs in India in August 2022, registering a massive 276 per cent YoY growth. This is the company’s second-highest monthly EV sales figure. Tata Motors has revealed its sales figures for the month of August 2022. This Mumbai-based home-grown carmaker sold 47,166 passenger vehicles last month. Moreover, […]
Wallenstam sells three wind farms to Jämtkraft – EQ Mag Pro
With the aim of restructuring its wind power portfolio, Wallenstam is selling three wind farms located in electricity price zone 2. The three wind farms comprise a total of 13 wind turbines with a total installed output of 30.5 MW. The buyer is the energy company Jämtkraft AB. “We are carrying out a restructuring in […]
Helios sells 32 MWp of Swedish solar parks to Solgrid – EQ Mag Pro
Sweden’s Helios Nordic Energy AB, a portfolio company of Norwegian renewable energy investor Magnora ASA (OSE:MGN), has sold two solar projects totalling 32 MWp in Sweden to Norwegian independent power producer Solgrid. The solar power plants are expected to be completed in 2023/2024 and to generate enough electricity to meet the annual needs of about […]