MAY 2024 | |
News | |
SocGen's $1 Billion Loan for ReNew's Green Energy Projects | |
Europe’s Societe Generale has agreed to lend up to $1 billion for Nasdaq-listed ReNew Global’s energy transition projects over the next three years, at a time the Indian company aims to expand its footprint across green power and decarbonization. The financing would help develop ReNew’s projects in India and abroad. The two entities have signed a memorandum of understanding (MoU) to collaborate on solar, wind, complex renewables, green hydrogen, energy storage and solar modules manufacturing. The amount will include debt financing and advisory solutions. Source: https://www.livemint.com/companies/news |