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Avaada Energy to Raise ₹14.4 Billion Through AAA-Rated Green Bonds

The bonds are compliant with the SEBI guidelines for green debt securities

March 2, 2022

/ Rakesh Ranjan
/ Finance and M&A, Solar
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Renewable energy project developer Avaada Energy has announced that it will raise green bonds worth ₹14.4 billion (~$192 million) at 6.75% in the Indian capital market. According to the company, this is the country’s largest AAA-rate green bond by any renewable energy developer.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
Avaada Energydebt financingGreen Bondsrenewable projectsSolar
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