Debt financing

Avaada Energy refinances Rs.597-Cr for solar projects in Karnataka, Maharashtra

Economic Times   Avaada Energy  

Avaada Energy , the renewable energy arm of Avaada Group, has closed INR 597 crore in refinancing from NIIF Infrastructure Finance Ltd (NIIF IFL), an infrastructure debt fund dedicated to refinancing high-quality operational infrastructure projects. The debt will be used for its commercial and industrial (C&I) solar projects in the states of Karnataka and Maharashtra.

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