In Short : Hexa Climate Solutions, backed by I Squared Capital, has acquired Fortum India’s renewable energy assets, including 206 MW of operating projects and 600 MW in development. The firm plans to invest $500 million to expand its clean energy platform to 2.5 GW. This move supports India’s green energy goals and marks Fortum’s […]
Sundev Renewables Plans $500 Million Investment in MP Green Data Center – EQ
In Short : Sundev Renewables plans a $500 million investment in a green data center in Madhya Pradesh, boosting the state’s sustainable infrastructure. The project will enhance renewable energy integration, supporting AI and cloud computing. This aligns with India’s push for eco-friendly digital growth, strengthening MP’s position as a key hub for green technology and […]
$500 Million ADB Loan to Enhance India’s Green Infrastructure – EQ
In Short : The Asian Development Bank (ADB) approved a $500 million loan to support India’s green infrastructure. The funding will enhance renewable energy, eco-friendly urban transport, and climate-resilient systems, aligning with India’s net-zero emissions target by 2070. This initiative promotes sustainability, reduces emissions, creates jobs, and strengthens ADB’s partnership in India’s sustainable growth and […]
IFC, Axis Bank partner on $500 million blue finance loan to boost India’s green projects – EQ
In Short : The International Finance Corporation (IFC) has partnered with Axis Bank to provide a $500 million blue finance loan aimed at boosting green projects in India. This initiative focuses on financing sustainable water and climate-related projects, promoting environmental conservation and resilience. The partnership underscores a commitment to advancing India’s green finance sector and […]
REC raises $500 million via green bond – EQ
In Short : REC Ltd. (Rural Electrification Corporation) has successfully raised $500 million through the issuance of green bonds. The funds raised will be directed toward financing renewable energy projects, such as solar, wind, and other sustainable initiatives. This move is part of REC’s commitment to promoting clean energy and supporting India’s energy transition goals […]
ADB Approves Policy Loan to Support Indonesia’s Energy Transition – EQ
In Short : The Asian Development Bank (ADB) approved a $500 million loan to support Indonesia’s transition from coal to cleaner energy. The funding, part of the G7’s Just Energy Transition Partnership, aims to help Indonesia reach net-zero carbon emissions by 2060 through policy reforms, sector governance improvements, and renewable energy development( In Detail : […]
UltraTech Raises $500 Million To meet Sustainability And ESG Goals – EQ
In Short : UltraTech Cement has successfully raised $500 million through sustainability-linked bonds to advance its Environmental, Social, and Governance (ESG) goals. The funds will be utilized to support initiatives aimed at reducing the company’s carbon footprint, enhancing energy efficiency, and promoting sustainable practices within its operations. This move underscores UltraTech’s commitment to achieving its […]
JSW Energy Raises Rs.500 Million -EQ
In Short – JSW Energy secures Rs. 500 million in funding, bolstering its financial position and affirming investor confidence in its growth prospects, fueling further expansion and innovation in the energy sector. In Details – JSW Energy, a leading player in the Indian energy sector, has successfully raised Rs.500 million by selling shares to […]
Tata Unit Agratas in India Is in Talks for Green Loan of Up to $500 Million – EQ
In Short : Agratas, a unit of Tata Group in India, is reportedly in talks for a green loan of up to $500 million. This initiative aligns with Tata’s commitment to sustainable practices and green financing for renewable energy or environmentally friendly projects. In Detail : Agratas Energy Storage Solutions Pvt Ltd. is in talks […]
Husk Power Plans to Raise $500 Million Over 5 Years for the Development of Mini-Grids in Sub-Saharan Africa – EQ
Husk Power Systems has made a significant commitment to accelerate climate-resilient economic growth in rural Sub-Saharan Africa through its “Africa Sunshot” initiative. The goal is to have 2,500 net-zero mini-grids operating in off-grid and weak-grid communities in the region within 5 years, with Husk aiming to mobilize $500 million in equity and debt for this […]