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 […]
Actis’ Japanese Renewable Firm Gets $500 Million to Develop 1.1 GW Capacity – EQ Mag
Nozomi Energy created as a Japan-focused renewables platform targeting 1.1GW of generation by 2027 Nozomi will deliver onshore wind and solar power with first investment in Hergo Japan Energy London, Tokyo : Actis, a global investor in sustainable infrastructure, has launched Nozomi Energy, a new US$500 million Japan-focused renewables platform. Nozomi will target 1.1GW of […]
$500 Million ADB Loan to Support Philippine Agriculture Sector Reforms – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $500 million policy-based loan to help the Government of the Philippines expand economic opportunities in agriculture while ensuring near- to long-term food security for the population. The loan supports Subprogram 2 of the Competitive and Inclusive Agriculture Development Program, which aims to further develop […]
$500 Million ADB Loan to Support Indonesia’s Energy Sector, Green Recovery – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $500 million loan to support Indonesia’s energy sector reforms to boost fiscal sustainability and governance, expand private sector investments in clean and renewable energy, and promote green recovery from the coronavirus disease (COVID-19) pandemic. ADB will also administer a $15 million loan for the […]