Adani Green completes funding of reserves for $750-million Holdco Bond
Mon, Jan 29, 2024 2:22 PM

Adani Green completes funding of reserves for $750-million Holdco Bond

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Adani Green Energy Limited has secured funding for a $750 million bond and received an additional $1,125 million from promoters and Total Energies JV. The funds will be set aside in reserve accounts to redeem the Holdco notes eight months before their maturity date. Shareholders approved the preferential allotment with a 99.9% majority and the company's efforts to boost investor confidence.

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