ACME Solar secures Rs.1,100-Cr from SBI for 300 MW project in Rajasthan

Gurugram-based renewable energy player Acme Solar Holdings has secured INR 1,100 crore in refinancing from State Bank of India (SBI) for its 300 MW renewable energy project in Rajasthan. The refinancing arrangement spans approximately 17 years and targets an existing project that has been operational for about six months.ACME Solar develops, builds, owns, and operates large-scale renewable energy projects, primarily focusing on solar, wind, and hybrid energy systems, to generate clean electricity.