India, March 3 -- Adani Green Energy Ltd (AGEL), India's leading renewable energy company, has reached a significant milestone in its capital management journey by successfully refinancing its maiden Construction Facility of $1.06 billion, originally secured in 2021. This funding was utilized for the development of India's largest solar-wind hybrid renewable cluster in Rajasthan.
The long-term refinancing facility features a 19-year door-to-door tenor with a fully amortized debt structure, aligning with the asset's lifecycle. This move marks the successful completion of AGEL's capital management program for the asset portfolio, ensuring long-term financial sustainability.
By adopting a strategic framework, AGEL has strengthened its access...