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Adani Raises $394 Million from Barclays, Deutsche Bank for Solar Manufacturing

The funds will be used to meet the working capital needs of the solar module manufacturing facility

July 28, 2023

/ Arjun Joshi
/ Finance and M&A, Manufacturing, Solar
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Adani New Industries, a wholly owned subsidiary of Adani Enterprises, has secured a trade finance facility of $394 million from Barclays PLC and Deutsche Bank AG to fulfill the working capital needs of their integrated solar module manufacturing facility.

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Arjun Joshi

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AdaniBarclaysDeutsch BankFunding
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