IREDA Secures $172 Million ECB Facility from SBI Tokyo

The facility arrangement includes a greenshoe option of $66.2 million

March 28, 2025

/ Tina Freese
/ Finance and M&A, Renewable Energy
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Government-owned lender Indian Renewable Energy Development Agency (IREDA) has signed a loan facility with the State Bank of India Tokyo to raise JPY26 billion (~$172 million), including a greenshoe option of JPY10 billion (~$66.2 million) through external commercial borrowings.

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Tina Freese

More articles from Tina Freese.
FundsIREDAJapanLoanRenewable EnergySBI
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