Israel’s Enlight Renewable Energy Raises $252 Million from Nasdaq IPO Updated On Mon, Feb 13th, 2023 by Saurenergy Enlight Renewable Energy has now become the first company from Israel that has completed an initial public offering (IPO) on Wall Street in 2023. Enlight is a global renewable energy platform and has raised $252 million from the IPO. Enlight Renewable Energy announced the pricing of its initial public offering of 14,000,000 ordinary shares at […] Read more
Origis Energy Secures $375 Million Credit for Solar, Storage Projects Updated On Thu, May 5th, 2022 by Saurenergy Origis Energy has announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund the growing presence of Origis in clean energy assets. CIT, a division of First Citizens Bank, along […] Read more
REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
HSBC ‘Green Deposit’ for Corporates Updated On Sat, Sep 26th, 2020 by Saurenergy PRODUCT BRIEF: HSBC has launched its Green Deposit product in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s clients to support greener more sustainable projects. PRODUCT FEATURES: The fixed tenure deposits through the product will go towards financing eligible businesses and projects that promote the […] Read more
HSBC Launches ‘Green Deposit’ for Financing Green Projects in India Updated On Fri, Aug 21st, 2020 by Saurenergy HSBC has launched its Green Deposit programme in India, which will enable the bank’s clients to support green and sustainable projects. British financing institution – HSBC has announced the launch of its Green Deposit programme in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s […] Read more
DESRI Closes Financing of 80 MW Sigurd Solar Project in Utah Updated On Mon, Jun 15th, 2020 by Saurenergy With the beginning of construction on its fourth utility-scale solar project in Utah, D. E. Shaw Renewable Investments (DESRI) has closed the financing of the 80 MW Sigurd Solar project by securing both construction debt and tax equity financing. Commenting on the closing of the financing, David Zwillinger, CEO of DESRI, said that “the COVID-19 crisis […] Read more
IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets Updated On Wed, Jun 5th, 2019 by Saurenergy IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […] Read more
Indian Railway Finance Corporation Issues USD 500 million Green Bond Updated On Thu, Dec 7th, 2017 by Saurenergy Pricing Of USD 500 Million 3.835% Fixed Rate Senior Unsecured Dollar Green Bond of 10 Year Tenor by Indian Railway Finance Corporation Limited. Indian Railway Finance Corporation Limited (“IRFC”) announced that it has successfully raised USD 500 million 10-year green bond from investors in Asia, Europe and Middle East, and offshore US. Proceeds of the […] Read more
ReNew Power Raises $475 Million at Cheaper Cost Updated On Tue, Feb 7th, 2017 by Saurenergy The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […] Read more
