Lending & Credit

Vena Energy bags $550m credit facility green letter

The facility will be used for projects that will address its environmental objectives.
23 hours ago

Alternergy to raise $211.1m for wind projects

This will fund the Tanay and Alabat wind power projects.
23 hours ago

ADB approves $200m loan for Uzbekistan’s power distribution system

It aims to digitalise 26 distribution substations in the country.

CLP Power, Far East Consortium secure sustainability-linked loan

The loan was issued by the Hong Kong Branch of the Bank of Communications.

Tata Power unit, SIDBI to offer easy financing for MSMEs’ solar adoption

It is offered through SIDBI’s End-to-End Energy Efficiency Scheme.

ADB green lights $50.5m support to Maldives’ RE growth

The project includes energy storage and distribution upgrades.

ADB to provide $13.8m to support Vietnam’s rooftop solar sector

The project can augment the sector’s generation by at least 31.5 GWh annually.

India’s RE, Infrastructure finance agencies to fund renewable projects

The funding will be through co-lending and loan syndication.

BlackRock unit, Chow Energy partner to develop C&I solar projects

The project will reduce a million tonnes of carbon dioxide emissions.

ACEN raises around $440.2m from 1st peso-dominated preferred shares offer

It can be used to fund the company’s projects and other RE projects in the Philippines.

EBRD provides $39m loan to develop 100 MW wind projects in Kazakhstan

This will help Kazakhstan towards its carbon neutrality goal by 2060.

ACWA Power reaches financial close for 200 MW Egyptian solar plant

The project is expected to start operations by January 2024.

Australian gov’t to invest $1.9b in WA transmission upgrades

The funding will increase renewable capacity in the state’s electricity grids.

ADB signs long-term loan for 25 MW solar project in India

The power plant project can generate 50.7 GWh of electricity annually.

Masdar completes $750m green bond issuance

This is part of the company’s target to raise green bonds of up to $3b.

Australia, UK launch joint funding call for green hydrogen projects

The programme will also focus on funding hydrogen applications for decarbonisation.