Poging GOUD - Vrij
Adani Green Plans Share Sale, Bank Loans to Raise $2 Billion in Q1
Mint New Delhi
|March 31, 2025
Adani Green Energy Ltd (AGEL) plans to sell shares to global investors to raise about $1.4 billion in the first quarter of FY26, two people familiar with the matter said, as part of a $2 billion fundraising to power its solar and wind energy projects in India.
The rest will be raised through local bank loans, the people cited above said, on the condition of anonymity, adding the company plans to mobilize a total of $4-5 billion across FY26.
If Adani Green manages to raise $1.4 billion by selling shares, it would be its largest equity capital raise ever. The company is working on various solar and wind energy projects across India, aiming to capitalize on the country's efforts to achieve net zero status by 2050.
Shares of Adani Green closed 1.1% down at ₹949 on the BSE on Friday, having risen from ₹774 on 28 February.
Dit verhaal komt uit de March 31, 2025-editie van Mint New Delhi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint New Delhi
Mint New Delhi
Spirituality, with a side of artisanal coffee
Wavering between the scriptures and self-help platitudes, Namita Devidayal's book leaves the reader wishing they'd chosen a different book
5 mins
October 04, 2025
Mint New Delhi
Zubeen Garg: Assam's first true rock star
The singer-songwriter has thousands of hits in different languages but it was his irreverence that gave him god-like status in a community starved of icons
7 mins
October 04, 2025
Mint New Delhi
L’Oréal board in India next week
The board of French cosmetics giant L’Oréal, the world’s largest beauty group, will visit India next week to explore opportunities in one of the fastest-growing beauty markets. The first such visit comes amid recent management changes at the Indian arm of the Maybelline lipstick maker.
1 min
October 04, 2025
Mint New Delhi
ALL YOU KNEAD
AS PEOPLE MAKE HEALTHIER CHOICES, DAILY BREAD IS NO LONGER JUST WHITE AND SLICED BUT ARTISANAL, SMALL-BATCH AND MADE-TO-ORDER. IN RESTAURANTS, TOO, IT HAS RISEN FROM FILLER TO MAIN ACT
1 min
October 04, 2025
Mint New Delhi
A conversation between fibre and photo
An ongoing show juxtaposes Monika Correa's tapestries and Seher Shah's prints and photogravures
4 mins
October 04, 2025
Mint New Delhi
RBI plans sweeping overhaul to ease foreign borrowing
The central bank has proposed a sweeping liberalization of the external commercial borrowing framework, removing cost caps, widening eligibility, and tying fundraising limits to financial strength to make it easier for Indian firms to access foreign funds.
1 mins
October 04, 2025
Mint New Delhi
Kuku FM looks to raise up to $80 mn
Audio streaming platform Kuku FM has signed a term sheet to raise about $70-80 million in new funding, with South Korean-based video game publisher Krafton leading the round alongside existing investors, three people familiar with the matters said.
1 min
October 04, 2025
Mint New Delhi
Delhi, TN, Maha lead e-bus sales surge in H1
Govt incentives, charging infrastructure also fuel e-bus demand in Odisha
2 mins
October 04, 2025
Mint New Delhi
A case for loafing about
Taylor Swift apparently spends 60% of her time talking about bread (\"it's a loaf story,\" to quote her)—as I learnt from a reel I came across while trying to avoid getting down to the real work of the day (or should I say loafing about)—and it made me wonder when we became so obsessed about what came out of a packet and was eaten when we were sick.
1 mins
October 04, 2025
Mint New Delhi
Draft gaming rules trigger pushback from stakeholders
India’s beleaguered online real-money gaming industry stakeholders have questioned what they call ambiguities in the draft rules of the law that ban any game involving financial winnings.
1 mins
October 04, 2025
Listen
Translate
Change font size