Adani Green Energy, a prominent Indian renewable energy company, has announced that it has secured additional funding of $1.36 billion through a green loan from an international consortium of banks.
This significant financial boost will help the company to increase its renewable power capacity. According to a detailed stock exchange filing, this development brings Adani Green's total funds in its construction asset portfolio to an impressive $3 billion.
The initial project financing, which was secured in March 2021 for the establishment of solar and wind energy projects, laid the foundation for this large initiative. With a strong commitment to expanding its renewable energy capacity, the company is actively contributing to India's ambitious goal of achieving 450 GW of renewable energy by 2030.
