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ACME Solar Secures ₹24.91 Billion Refinancing to Cut Debt Costs

The funds will be used to reduce the cost of debt

April 3, 2025

/ Staff
/ Finance and M&A, Solar
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Gurgaon-based ACME Solar Holdings has secured a ₹24.91 billion (~$298.92 million) long-term refinancing facility for 18 to 20 years from the State Bank of India and REC at a reduced weighted average interest rate of 8.8%.

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Staff

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