Lending & Credit

ReNew bags $7.8b to fund green energy projects

The amount will be provided by the Power Finance Corp. and Rural Electrification Corp.

ReNew bags $7.8b to fund green energy projects

The amount will be provided by the Power Finance Corp. and Rural Electrification Corp.

Masdar completes $750m green bond issuance

This is the renewable company’s first green bond issuance.

AMEA Power bags $75m funding from SoftBank

The company currently has clean energy generating capacity of 1.45GW.

ADB approves $125m loan to improve Uzbekistan’s power transmission

This is in line with the Digitize to Decarbonize–Power Transmission Grid Enhancement Project.

ACWA Power bags $100m credit facility from state-owned China Construction Bank

This will be used to fund its projects in the Middle East and Belt & Road countries.

ADB, Samruk Energy ink $214m power deal in Kazakhstan

This will fund the replacement of ‘inefficient” coal-fired combined heat and power plant. 

Australia’s fifth largest bank invests big in oil and gas despite net zero ambitions

A report found the Macquarie Group invested some $5b in high-growth oil and gas production. 

ReNew Energy subsidiary raises $400m in green bonds

A high-yield issuance outside of India was opened after more than a year of hiatus.

Australia allocates $33.6m for hydrogen, steel R&D

The amount will be split equally between the hydrogen and steel rounds.

JBIC, Vietcombank opens credit line for Vietnam RE projects

It is the second credit line signed by JBIC with Vietcombank.

About $44t needed by 2030 for a successful energy transition: report

Investment of around $35t should be allotted for transition technologies.

Sun Cable sale attracts multiple bids

The bidders included non-existing Sun Cable shareholders.

Global renewable investment reaches record-high $500b in 2022

Energy transition technologies investments also reached a record $1.3t.

India’s Greenko repays $935m global bonds

The bonds were issued by its subsidiaries Greenko Investment and Greenko Mauritius.

NTPC eyes raising $750m Japanese Yen loan

The amount will be used for the development of its projects.