Azure Power Makemake Pvt. ltd.

Azure Power 615MW Renewable Portfolio in India - Refinancing

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

Deal Overview

Azure Power Global Limited has secured refinancing of approximately INR 24 billion ($285 million) through an INR term loan, to prepay its $350 million green bonds maturing in December 2024. The refinancing supports projects with a combined capacity of 615 MW, spread across Punjab, Maharashtra, Uttar...

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Deal Volume
$285.75m
Financial Close
09/09/2024
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Tranches

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Project Deals

28 MW Azure Power Renewable Portfolio in Punjab
$13.01m
Greenfield
Renewables (other)
South Asia
South Asia
India
7 MW Azure Power Renewable Portfolio in Maharashtra
$3.25m
Greenfield
Renewables (other)
South Asia
South Asia
India
40 MW Azure Power Renewable Portfolio in Uttar Pradesh
$18.59m
Greenfield
Renewables (other)
South Asia
South Asia
India