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Rays Power Infra Raises $28 Million to Expand its Solar Business

The company has raised the funds from DMI Finance

December 27, 2018

/ shaurya
/ Finance and M&A, Solar
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Solar developer Rays Power Infra has announced that it has secured ₹2 billion (~$28.4 million) through hybrid debt and equity financing from lender and asset management firm DMI Finance (DMI). The company is expected to utilize the funds to grow their business in the utility scale solar segment.

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shaurya

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DMI FinanceFundingRays Power InfraRenewable Energysolar power
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