Spanish solar developer Grenergy has issued €52.5 million (US$57.55 million) of green bonds to help the company finance a pipeline of projects, including a 1GW portfolio in Colombia.
Indian renewables company ReNew Energy Global Plc’s wholly owned subsidiary India Clean Energy Holdings has raised US$400 million through a green bond sale that will be used to support the company’s growth strategy and “refinance existing high-cost debt”.
Polish PV developer R.Power has launched a green bond issuance worth up to €225 million (US$274.3 million), the proceeds of which will be used to increase its solar power capacity in Europe.
India’s renewables sector will need to garner investments of around US$500 billion in order to meet its target of 450GW of clean energy capacity by the end of the decade.
President signs decree setting out use of green debentures to unlock multi-gigawatt boost to renewables, stung by auction postponements brought about by COVID-19.
Oversubscription by a factor of six greets issuance of bond listed on Stockholm’s Nasdaq, paving the way for further investments in green energy, energy efficiency and two other areas.
Manufacturer hails loan extension, Japanese firm claims to halve finance costs via green debt structure, Indian player bags US$300m from top financiers.
