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Virescent’s Renewable Energy InvIT Raises ₹6.5 Billion via Domestic Bond Issuance

The proceeds will be used to fund its immediate acquisition-related debt requirements

February 7, 2022

/ Arjun Joshi
/ Finance and M&A, Solar
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Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIT) by Virescent Infrastructure, raised ₹6.5 billion (~$87 million) through domestic bond issuance across 7.33-year (₹1.5 billion (~$20 million)) and 10-year (₹5 billion (~$67 million)) tranches.

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Arjun Joshi

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