New Delhi: Greenko Energy Holdings has raised $940 million for refinancing through its latest bond issue that closed on Monday, with the demand for Moody's Investors Service’ Ba1 rated bond being over $2.5 billion. “At 3.85%, this is the lowest priced and largest bond in non-investment grade by any corporate from India," said a person aware of the development requesting anonymity. Including the latest bond raise, Greenko has raised $4.44 billion from dollar bond and Rs750 million from the Indian market till now through the bond route. It currently has an installed renewable energy capacity of 89.63GW, with 49.59GW capacity under execution. Also, with 1.7GW of wind capacity, Hyderabad-based Mytrah Energy India Pvt.

Source: Mint March 22, 2021 17:17 UTC