Adani Green refinances $1.06 B debt

Publicly listed renewable energy player Adani Green Energy Ltd (AGEL) has refinanced its USD 1.06 billion maiden construction facility with long-term financing for a solar-wind hybrid renewable cluster in Rajasthan which was taken in 2021. This long-term financing has a door-to-door tenor of 19 years with fully amortized debt structure.Founded in 2015, AGEL currently has an operating renewable portfolio of 12.2 GW, spread across 12 states, consisting of 8,347.5 MW solar, 1,651 MW wind and 2,259.6 MW wind-solar hybrid capacity.