Adani Green Secures $1 Billion Construction Loan from Power Finance
2025-03-03
The Economic Times
In a significant development, Power Finance has extended a $1 billion construction-linked loan to Adani Green, a leading renewable energy company. The lender has offered a fixed-rate loan for the full term, ensuring stability and predictability for the borrower. With a commitment to hold the loan until maturity at the end of 19 years, Adani Green can now focus on its expansion plans, driven by the growing demand for renewable energy sources and sustainable infrastructure. This deal highlights the importance of financing in the renewable energy sector, particularly for large-scale projects. Key terms like 'renewable energy financing' and 'construction loans' are crucial in such deals.
