Adani Green Energy Ltd (AGEL), India’s largest renewable energy company, has successfully secured USD 400 million in financing for its upcoming 750 MW solar projects in Rajasthan and Gujarat. This significant financial infusion, provided by a consortium of five leading international banks, marks a pivotal development in India’s renewable energy sector. Projects Set to Enhance […]
Adani Green Energy Limited (AGEL), recognized as India’s leading and one of the world’s foremost renewable energy companies, has made a significant stride in the renewable energy sector by operationalizing a cumulative capacity of 1,000 MW solar energy at the world’s largest renewable energy (RE) park in Khavda, Gujarat. This milestone is a significant part […]
Adani Green Energy Limited (AGEL), India’s largest and a global leader in renewable energy solutions, has announced the completion of funding for its USD 750 million Holdco Bond, significantly ahead of its maturity date in September 2024. AGEL successfully raised INR 9,350 Cr (USD 1,125 million) through preferential allotment to its promoters, contributing significantly to […]
Adani Green Energy Limited (AGEL) today marked a significant milestone in renewable energy by announcing the completion of its 1,050 megawatt (MW) joint venture (JV) with TotalEnergies. In a strategic move, TotalEnergies invested USD 300 million in an AGEL subsidiary, acquiring a 50% stake in a diverse range of renewable energy projects. Details of the […]
Adani Green Energy Ltd (“AGEL”), at the forefront of India’s renewable energy sector and a global leader, has recently made a groundbreaking announcement. The Board of Directors of Adani Green Energy approved a preferential issuance of warrants to its Promoters for a staggering amount of INR 9,350 crore (equivalent to USD 1,125 million). This investment […]
Adani Green Energy Ltd (AGEL), a global leader in renewable energy, has announced follow-on funding of USD 1.36 billion. This funding elevates AGEL’s Construction Financing Framework to USD 3 billion, supported by an international banking consortium. Khavda Renewable Energy Park Development The green loan facility is set to play a crucial role in the development […]
In a significant step toward sustainable corporate transportation, Adani Green Energy Limited (AGEL), a global renewable energy leader, has placed an order with RattanIndia Enterprises’ subsidiary Revolt Motors, which is India’s premier electric motorcycle company. This move is a direct response to AGEL’s strategic commitment to minimizing its environmental impact and signals a shift in […]
Adani Green Energy Limited (AGEL) and TotalEnergies have inked a binding agreement for a new 50-50 joint venture, featuring a robust 1,050 MW portfolio. This massive energy portfolio includes a combination of operational assets (300 MW), assets under construction (500 MW), and assets under development (250 MW). Notably, it will incorporate both solar and wind […]
Adani Green Energy Limited (AGEL) announced that its subsidiary, Adani Wind Energy Kutchh Five Limited (AWEK5L, formerly known as Adani Green Energy Five Limited), has successfully commissioned a 130MW wind farm in Kutchh, Gujarat. The wind farm in Gujarat has entered into a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India […]
Adani Green Energy (AGEL) said that it has fully commissioned its fourth wind-solar hybrid power plant in Jaisalmer, Rajasthan. The 700MW hybrid power plant has been capitalized and is underpinned by a 25-year power purchase agreement (PPA) at INR 3.24/kwh, said the renewables business of the Adani Group. The plant is part of Adani Green […]