News
05 July 2021

Azure Power secures MUFG loan for Rajasthan solar

In:
Renewables
Region:
Asia-Pacific

Azure Power has secured a $163 million, 5-year syndicated financing from Mitsubishi UFJ Financial Group (MUFG) for a 300MW solar plant it is planning to build in the Indian state of Rajasthan. MUFG acted as lead arranger, hedging bank, green structuring adviser and facility agent.

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