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SB Energy Phalodi-Pokhran Solar PV Plant

Sector: Solar • Location: India

Source: World Bank Group

Project
Active

The project entails the development of ? solar PV facility, which will be part of the 900MW Phalodi-Pokhran park, in Rajasthan state, India. SB Energy, a subsidiary of SoftBank, is the sponsor of the project. The equity amount is unknown. The $333 million debt financing is provided by MUFG. This is the first project loan in the country, which is certified using guidelines aligned with the LMA/APLM

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Project Information

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The project “SB Energy Phalodi-Pokhran Solar PV Plant” is an infrastructure initiative in the Solar sector, located in India. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the development of ? solar PV facility, which will be part of the 900MW Phalodi-Pokhran park, in Rajasthan state, India. SB Energy, a subsidiary of SoftBank, is the sponsor of the project. The equity amount is unknown. The $333 million debt financing is provided by MUFG. This is the first project loan in the country, which is certified using guidelines aligned with the LMA/APLMA green loan principles, a framework for the sustainability financing market to record the environmental impact of projects. Financing was completed on August 31st, 2020. https://ijglobal.com/data/transaction/54210/sb-energy-phalodi-pokhran-solar-pv-plant-900mw

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