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REC Avails $388 Million Loan from SACE for Green Energy Projects

The green loan facility benefits from an 80% guarantee by SACE

April 26, 2024

/ Staff
/ Finance and M&A, Renewable Energy
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Public infrastructure finance company REC Limited has availed a green loan of ¥60.5 billion (~$387.6 million) from SACE, an Italian export credit agency, to finance a slew of green projects in India.

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Staff

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Bank of AmericaCitibankGreen loanKfW-IpexBankREC LimitedSACE
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