News
30 September 2024

REC raises $500m from green dollar bond

Region:
Asia-Pacific

Indian state-owned REC Ltd has raised $500 million through green dollar bonds to support various renewable energy projects.The 5-year note has a coupon rate of 4.75% and a maturity date of September 27, 2029. Proceeds will be used to finance eligible green projects, in accordance with REC's...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Analysis
22 October 2024

Pachora: Blueleaf crafts India’s new merchant benchmark

A new player in Asian renewables has tweaked the offtake model for its debut in India. Local lenders are likely to respond positively.

Video
29 October 2024

Proximocast: 20 minutes with Neha Jatar, EQT Group

Proximo talks to Neha Jatar, a managing director at EQT Group, about the energy transition in industries that are complex to decarbonise, including sectors such as transport...