Ahmedabad, March 3 -- Adani Green Energy Ltd (AGEL), India's largest renewable energy company, announced on Monday that it has achieved another milestone in its Capital Management Journey.

The company stated that it has successfully refinanced its maiden Construction Facility with outstanding of USD 1.06 billion taken in 2021 to develop India's largest solar-wind hybrid renewable cluster in Rajasthan.

It also highlighted that the long-term financing raised to refinance its Construction Facility has door-to-door tenor of 19 years with fully amortized debt structure emulating the underlying asset life.

With this breakthrough, AGEL has successfully completed its capital management program for the underlying asset portfolio, which involves...