Adani Gujarat Solar SPV

Adani Gujarat and Rajasthan Solar Projects - Financing

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

Deal Overview

Adani Green Energy has raised $400 million of debt for two solar projects it has under construction in Gujarat and Rajasthan. The projects are expected to come online from November 2024. The Rajasthan project has 500MW capacity and is underpinned by a long-term power purchase agreement (PPA) with...

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Deal Volume
$400m
Financial Close
03/05/2024
Dealmakers

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Tranches

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Project Deals

500 MW Adani Rajasthan PV Solar Project
$266.67m
Greenfield
PV solar
South Asia
South Asia
India
250 MW Adani Gujarat (Khavda) PV Solar Project
$133.33m
Greenfield
PV solar
South Asia
South Asia
India