Leading Indian renewable energy firm ReNew Power Ventures Pvt. Ltd has raised Rs 2,235 crore ($352 million) through two non-convertible debt issues.
According to an official statement, the Gurgaon-based company plans to use the proceeds for the prepayment of existing term loans.
The issue had two parts with the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies valued at Rs 1,475 crore, it said. Read More…
Latest posts by dealstreet asia (see all)
- India: ReNew Power Raises $352m Debt Through NCDs To Prepay Loans – January 10, 2018
- India: Canada Pension Board To Acquire Stake In Renew Power – November 29, 2017
- India Digest: Adani Buys Reliance Infra’s Projects; Allianz-shapoorji Eye 3 Assets – November 2, 2017