Srei Equipment Finance Ltd on Thursday said it has received credit approval worth USD 30 million from FMO, a Netherlands-based development finance bank. “The loan will be fully dedicated to re-financing of green activities of Srei Equipment, primarily through the financing or leasing of equipment used for solar and wind projects,” the company said in […]
Dutch development bank FMO plans debt investment in Srei Infrastructure unit
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 […]