India’s Largest Clean Energy Startup ReNew Power Raises $375 Mn Via Green Bond Issue

India’s largest independent power generation company in the renewable energy sector, ReNew Power Limited, has raised yet another round of funding from international investors as it continues to aggressively push to expand its project pipeline. The capital raised through the green bond issue will be utilised for refinancing outstanding external commercial borrowings and as capex in eligible green projects. Barclays (B&D), Goldman Sachs, HSBC, JP Morgan and YES Bank were the book runners for the green bond issue.

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