debt

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Gensol Engineering to Raise ₹6 Billion Via Bonds and Promoter Warrants

Renewable energy engineering, procurement and construction company Gensol Engineering has decided to raise ₹6 billion (~$68.9 million) by issuing ₹4 billion (~$45.9...

March 13, 2025

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Tina Freese

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Press Releases

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Renewable Energy
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Azure Prepays $350 Million Debt After Refinancing Deal with REC

Azure Power Global has announced the completion of its ₹24 billion (~$285.54 million) refinancing transaction, structured as a term loan underwritten by REC Limited....

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Solar Sector Corporate Funding in 1H 2024 Hits $16.6 Billion, Down 10% YoY

Total corporate funding, including venture capital/private equity (VC) funding, public market, and debt financing, in the solar sector reached $16.6 billion in the first...

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Solar Sector Records 81% Drop in VC Funding in Q1, Corporate Funding Down by 4%

The solar sector secured $8.1 billion in corporate funding through 41 transactions in the first quarter (Q1) of 2024, marking a 4% decrease from the $8.4 billion raised...

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Lack of Reliable Financing and Data Affects Cost of Capital for Renewables

The International Renewable Energy Agency (IRENA), in a recent report, has revealed a method used to calculate the cost of capital for clean technologies to help...

June 30, 2023

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Gourav Mishra

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Finance and M&A

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Other
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Adani Green Raises a Yen-Denominated $205 Million Facility to Refinance Debt

Adani Green Energy (AGEL), through its subsidiary Adani Solar Energy AP Six, has raised a project loan facility of ¥27.95 billion (~$205.31 million) to help refinance...

December 1, 2022

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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Inox Wind, Inox Green Energy Repay ₹4.11 Billion in Debts

Inox Wind and its subsidiary Inox Green Energy Services repaid debts of ₹1.61 billion (~$19.73 million) and ₹2.5 billion (~$30.63 million), respectively, as part of the...

November 30, 2022

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Arjun Joshi

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Other

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Wind
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MasTec to Acquire Infrastructure and Energy Alternatives for $1.1 Billion

Renewable energy construction company MasTec is acquiring renewable energy and infrastructure services provider Infrastructure and Energy Alternatives (IEA) for $1.1...

July 26, 2022

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Project Finance Brief: Origis Energy Secures $375 Million Credit Facility

From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and a solar project developer, closed a $375 million credit facility for its...

May 11, 2022

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Staff

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Finance and M&A

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Solar
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Corporate Funding for Battery Storage Companies Up by 222% in Q1 2022

Global corporate funding for Battery Storage, Smart Grid, and Energy Efficiency companies in the first quarter (Q1) of 2022 stood at $13.3 billion, according to Mercom’s...

April 20, 2022

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Arjun Joshi

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Mercom Research Focus

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Other
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Tata Cleantech Loans ₹4.4 Billion to Sterlite for a Northeastern Transmission Project

Power transmission company Sterlite Power announced the financial closure for its Nangalbibra-Bongaigaon Transmission Project with debt funding of ₹4.4 billion (~$57.19...

March 7, 2022

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Arjun Joshi

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Finance and M&A

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Other
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Adani Green Energy Subsidiaries Raise ₹6.12 Billion for Debt Refinancing

Three subsidiaries of Adani Green Energy (AGEL) – Adani Green Energy (UP), Prayatna Developers, and Parampujya Solar Energy have raised ₹6.123 billion (~$82.04 million)...

February 4, 2022

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Arjun Joshi

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Finance and M&A

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Other
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Indian Railway Finance Corporation Raises $500 Million Through Green Notes Issuance

Indian Railway Finance Corporation (IRFC), the financial arm of Indian Railways, has issued $500 million of denominated, senior and unsecured green notes under its $7...

January 17, 2022

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Harsh Shukla

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Finance and M&A

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Other
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ReNew Power Raises $400 Million Through Green Bonds

Indian renewable energy developer ReNew Energy Global announced that its wholly-owned subsidiary, India Clean Energy Holdings, has raised $400 million at 4.5% by issuing...

January 10, 2022

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Harsh Shukla

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Finance and M&A

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Solar
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Plus Power Secures $219 Million Loan for a 185 MW/565 MWh Energy Storage Project in Hawaii

Plus Power, a U.S.-based renewable energy company, said it had closed a credit facility for its 185 MW/565 MWh Kapolei Energy Storage project in Hawaii. The company has...

November 10, 2021

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Harsh Shukla

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Energy Storage

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Large Scale

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