Husk Power Systems is all set to electrify 80 additional communities in India with $6 million in new debt financing that it has received from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). The project is estimated to benefit 60,000 people and create a network of 10,000 new customers, primarily micro, small and medium-sized enterprises (MSMEs).
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Enfinity Global Inc., a renewable energy and services platform, and CarVal Investors have entered into a $300 million loan facility to facilitate the development of Enfinity’s 3 GW renewable energy portfolio. Enfinity reported that the facility aligns sustainable investment guidelines with the execution capabilities required to be a leader in the net-zero carbon economy,
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Japan International Cooperation Agency (JICA) has signed a loan agreement with Tata Cleantech Capital Limited (TCCL), an Indian non-banking financial company. The financing for a maximum amount of JPY 10 billion will help support TCCL to offer loans to businesses across India that focus on renewable energy generation, e-mobility solutions as well as energy efficiency. The loan, provided through the Private Sector Investment Finance scheme of JICA is co-financed with the Sumitomo Mitsui Banking Corporation (SMBC).
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