Sitara Solar Farm

Sitara Solar Farm - DFC Direct Loan

Borrower(s)
Sitara Solar Farm
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
South Asia
South Asia
Countries
India

Deal Overview

AC Energy and its partner UPC Solar Asia Pacific have reached financial close on their 100MW Sitara solar project in India. Sitara  has an estimated project cost of $67 million and is being funded on 75/25 debt-to-equity ratio via a 20-year loan from the US International Development Finance...

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Deal Volume
$50.25m
Financial Close
15/03/2021
Dealmakers

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Tranches

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Project Deals

Sitara Solar Farm
$67m
Greenfield
PV solar
South Asia
South Asia
India