Debt

Debt financing

Brookfield’s 550 MW Rajasthan solar project unit raises $105-M from IFC

Business Standard  

Brookfield's Bikaner 550 MW solar power project has attracted USD 105 million from IFC (International Finance Corporation) through long-term non-convertible debentures.The project has a hybrid offtake structure where it sells the power generated to commercial and industrial consumers (C&I) consumers under long-term corporate Power Purchase Agreement (PPAs) and the merchant market via exchange. The project will be connected to the inter-state transmission system of India’s green energy corridor.