Tag: lenders

Lightsource bp receives a $1.8 billion push for expansion of solar power

Lightsource bp receives a $1.8 billion push for expansion of solar power

September 22, 2021 |

Lightsource bp, a British renewables developer, has secured a $1.8 billion credit and trade finance facility to support the expansion of its solar energy portfolio. The company has a target to develop 25 GW of solar projects by 2025. Additionally, the company is also creating a 9 GW portfolio in the US, following its acquisition from the Texas based 7X Energy.

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Adani Green Energy raises $1.35 billion in debt financing for its renewable energy portfolio

Adani Green Energy raises $1.35 billion in debt financing for its renewable energy portfolio

March 22, 2021 |

A leading Indian IPP, Adani Green Energy Limited (AGEL) has announced that it raised a $1.35 billion debt package for its renewable asset portfolio which is currently under construction. Further, the company has signed definitive agreements with international lenders. The funding will be utilised to finance 1.69 GW of solar-wind hybrid projects currently being developed in the Indian state of Rajasthan.

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