Hours before the US prosecutors charged Gautam Adani and associates with participating in a scheme to pay over USD 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts, the firm sold a 20-year green bond in the US-investment-grade market.

Adani Green Energy raises $1.36 billion funding for world’s largest renewable energy park in Gujarat

India’s largest renewable energy player, Adani Green Energy Ltd (AGEL), on Tuesday (December 5, 2023) announced follow-on funding of USD 1.36 billion, which will help the company develop the world’s largest renewable energy park in Gujarat. The funding also gave a boost to its Construction Financing Framework, which is backed by a consortium of renowned […]

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