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Cabinet Approves Sale Of Government’s Stake In REC To Power Finance Corporation

By : Sustainability ..., Dec 7, 2018

The cabinet approved the sale of government’s entire 52.63 percent in power sector financier REC Ltd. to state-run peer Power Finance Corporation Ltd. as it looks to mop up funds through such a...

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Freyr Energy raises Rs 27 crore

By : Sustainability ..., Nov 27, 2018

Freyr Energy, a Hyderabad-based rooftop solar company, has raised Rs 27 crore through a mix of equity and debt. This Series-A round was led by C4D Partners, a Netherlands-based Impact Investment...

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CDC Group plans Ayana stake sale to raise $100 million

By : Sustainability ..., Nov 27, 2018

CDC Group Plc, the UK government’s development finance institution, plans to raise around $100 million by selling a stake in Ayana Renewable Power, its renewable energy platform recently...

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Shapoorji Pallonji Group plans $1 billion asset sale of solar unit

By : Sustainability ..., Nov 21, 2018

India’s Shapoorji Pallonji Group plans to seek about $1 billion by bringing outside investors into its solar unit, as it embarks on a series of asset sales across the 153-year-old conglomerate...

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Sembcorp India posts Rs 153.3 crore profit in September quarter

By : Sustainability ..., Nov 5, 2018

Singapore-based energy firm Sembcorp's India unit has turned around to post a net profit of Singapore dollar 28.9 million (about Rs 153.3 crore) in the September quarter on better operational...

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EverSource to back renewable firm of ex.Ostro Energy executives

By : Sustainability ..., Oct 26, 2018

EverSource Capital, the green infrastructure JV between PE fund Everstone Group and UK-based Lightsource BP’s Eversource Capital, is ready to back the new renewable energy platform launched by...

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NYSE-listed Azure Power raises $185 million

By : Sustainability ..., Oct 24, 2018

NYSE-listed Azure Power, one of the country’s largest independent solar power producers with a solar portfolio of over 3GW spread across 23 states, has raised around $185 million primary capital...

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REC to tap US investors with $1-billion bond offering

By : Sustainability ..., Oct 23, 2018

REC, one of the largest lenders to the power sector, is planning to raise $1 billion through a bond sale to US-based investors, a first for the state-run company that has so far tapped investors...

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ADB Sells $750 Million 10-Year Global Green Bond to Support Climate Change Mitigation, Adaptation in Asia and Pacific

By : Sustainability ..., Sep 21, 2018

The Asian Development Bank (ADB) has raised $750 million to help finance climate change mitigation and adaptation projects with an issue of a 10-year green bond.


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California Clean Energy Fund invests in cKers Finance’s Sustainable Energy Bond in India

By : Sustainability ..., Sep 17, 2018

The Innovations arm of the California Clean Energy Fund announced that it is investing $3 million in cKers Finance’s Sustainable Energy Bond issuance for India. These bonds are a new and...

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