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ReNew Energy Hybrid Power Project Refinancing

Sector: Power Generation (CCGT) • Location: India

Source: Bloomberg

Project
Planned

Renew Energy Global Plc is set to secure an approximately $800 million foreign-currency loan to refinance debt tied to an operational hybrid power project in India. The loan is underwritten by Standard Chartered Bank Plc and Societe Generale SA and is priced at about 185 basis points over the benchmark Secured Overnight Financing Rate. This refinancing deal is among the largest in India this year,

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The project “ReNew Energy Hybrid Power Project Refinancing” is an infrastructure initiative in the Power Generation (CCGT) sector, located in India. Taiyo aggregates data on it from Bloomberg.

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planned

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Description

Description

Renew Energy Global Plc is set to secure an approximately $800 million foreign-currency loan to refinance debt tied to an operational hybrid power project in India. The loan is underwritten by Standard Chartered Bank Plc and Societe Generale SA and is priced at about 185 basis points over the benchmark Secured Overnight Financing Rate. This refinancing deal is among the largest in India this year, highlighting lender interest in clean energy assets despite geopolitical uncertainties.

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