Nautilus Solar Energy has closed a $110 million tax equity commitment with Credit Suisse. The facility will provide long-term financing for twenty-two community solar projects across Colorado, Maryland, Minnesota, New York, and Rhode Island, amounting to approximately 75 MWdc of nameplate capacity. All projects in the portfolio are expected to be placed in service in […]
Credit Suisse earmarks more than $300 billion for sustainable finance
LONDON: Credit Suisse plans to provide at least 300 billion Swiss francs ($328.41 billion) in sustainable financing over the next decade in areas such as renewable energy and Green Bonds. The move is the latest in a string of announcements by banks looking to display their green credentials and capture demand for cash from companies […]
S & W Solar IPO not fully subscribed despite trimming the IPO Size
Overall, the issue was subscribed 92 per cent, including anchor investors. Shapoorji Pallonji-backed Sterling & Wilson Solar on Thursday said it has successfully closed its initial public offer (IPO), backed by global institutional investors The solar EPC company saw its institutional portion oversubscribed with participation FPIs such as Nomura, Schroeder, Abu Dhabi Investment Authority (ADIA) […]
Sterling and Wilson Solar’s Rs 3,125 crore IPO to open on Aug 6
A portion of the net offer proceeds will be used towards funding full repayment of the loans. NEW DELHI: Sterling and Wilson Solar will hit the Street with its initial public offering (IPO) worth Rs 3,125 crore on August 6. The price band has been set in the range of Rs 775 to Rs 780. […]
Sterling and Wilson Solar gets Sebi nod for Rs 4,500 crore IPO
The IPO will be an OFS by the Chairman Khurshed Yazdi Daruvala and Shapoorji Pallonji and Company. New Delhi: Sterling and Wilson Solar Ltd (SWSL) has received approval from markets regulator Sebi to float its Rs 4,500-crore initial public offering. The capital markets regulator issued its final observations on SWSL’s IPO proposal on July 4, […]