One of India’s leading names in the green bonds market is raising funds through the private placement of debt instruments aimed at financing low-carbon infrastructure. Yes Bank, a private bank headquartered in the western Indian state of Maharashtra, recently announced that it will raise Rs 330 crore (US$49.5 million) by … [continued]
The International Finance Corporation, a member of World Bank Group, has announced plans to finance Jordan’s US$76 million solar project in collaboration with the Canadian government. The International Finance Corporation (IFC) has arranged a US$76 million financing package for the project, including US$21 million from the IFC-Canada Climate Change Program. … [continued]
The European Investment Bank is considering financing wind energy project across two states in India. According to information available at the website of the European Investment Bank (EIB), the bank is considering providing loans worth US$85 million to three wind energy projects in the states of Madhya Pradesh and Andhra Pradesh … [continued]
Renewable energy projects across the world received funding worth $6 billion in 2015 from multilateral banks, a recent report has revealed. The World Bank, The European Investment Bank (EIB), the Inter-American Development Bank (IDB), the Asian Development Bank (ADB), the African Development Bank (AfDB), and the European Bank for Reconstruction … [continued]
Turkey’s budding renewable energy sector has attracted another major financial boost, with two of the leading multi-lateral banks picking up stake in a private renewable energy developer. The European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) have picked up a stake in Akfen Renewable Energy, a … [continued]
The parent to the world’s oldest bourse – the London Stock Exchange – recently announced that it became member of the Climate Bonds Initiative. The London Stock Exchange Group finally joined hands with the Climate Bonds Initiative to push ahead with the promotion of green bonds. The first green bond … [continued]
One of India’s rapidly emerging renewable energy project developers, Hero Future Energies, has announced plans to raise funds through the sale of equity stake in the company. According to media reports, Hero Future Energies – part of the Hero Group – is looking to sell equity in the company to … [continued]
Ostro Energy, an emerging wind energy developer in India, has secured debt financing from the International Finance Corporation for two large-scale wind energy projects. The International Finance Corporation (IFC) provided debt-finance for two wind energy projects planned by Ostro Energy in the southern Indian state of Andhra Pradesh, with a … [continued]
Canadian Solar has announced that it has secured investments worth $70 million to support the development of a module production facility in Vietnam. Canadian Solar, one of the world’s largest solar power companies, made the announcement Thursday, revealing that it had entered into agreements with the International Finance Corporation (IFC) … [continued]
The Asian Development Bank continues to support the development of renewable energy in India. The Asian Development Bank (ADB) has released $200 million in long-term debt finance to Indian Renewable Energy Development Agency (IREDA) to support the development of renewable energy projects. The $200 million debt finance is part of … [continued]
