Debt financing
Renewable energy co. Sael raises $305-M through green bonds overseas
New Delhi-headquartered renewable energy player Sael Group has issued green bonds worth USD 305 million in the international markets, picked up by investors from the US, Europe and several Asian countries.The proceeds will be used to expand the company's renewable energy portfolio, which currently stands around 4 GW.Sael Group is an independent green power-producing entity. The company is also into solar module manufacturing. The group aims to increase the portfolio of solar and waste-to-energy assets to 5 GW by the next two years.
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