Adani Green Energy redeems $750m Holdco Notes early, funded by reserve account and internal resources.

Adani Green Energy Ltd (AGEL) has redeemed $750 million in Holdco Notes ahead of the September 2024 maturity, funded through a reserve account and internal resources. Since the notes were issued in September 2021, AGEL's energy capacity has grown from 3.5 GW to 11.2 GW. The company aims for 50 GW of renewable capacity by 2030, aligning with India's decarbonization goals, and has secured additional funding commitments from its promoters.

September 09, 2024
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