NEW DELHI: Adani Green Energy on Monday announced it has refinanced its maiden construction facility, having outstanding debt of USD 1.06 billion with long-term financing.
The long-term financing raised to refinance its construction facility has door-to-door tenor of 19 years with a fully amortized debt structure emulating the underlying asset life, a company statement said.
Adani Green Energy Ltd (AGEL) has successfully refinanced its maiden construction facility with an outstanding of USD 1.06 billion taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan, according to the statement.
Source: PTI News
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