The refinancing facility has received a rating of AA+/Stable from three domestic rating firms – ICRA, India Ratings and CareEdge Ratings.

India’s largest renewable energy company, announced on Monday that it has achieved another milestone in its Capital Management Journey.

India's Adani Green has raised $1.06 billion to refinance a 2021 debt facility to develop a renewable energy project in the western state of Rajasthan, it said on Monday.

Adani Green Energy has refinanced its $1.06 billion construction facility with long-term financing, aligning with its solar-wind hybrid renewable cluster's asset life. The refinancing ensures financial stability,

The company said that the long-term financing it raised for refinancing has a door-to-door tenor of 19 years with a fully amortised debt structure emulating the underlying asset life.

According to the official press release, the long-term financing has a door-to-door tenor of 19 years with fully amortized debt structure emulating the underlying asset life.

Adani Green Energy successfully refinances $1.06 billion construction facility, secures long-term financing for sustainable growth and value creation.

India’s Power Finance Corporation Ltd. refinanced an Adani Green construction-linked loan for $1.06 billion (92.61 billion rupees) in what could be the state-owned lender’s largest such deal in the renewables sector,