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07 Aug 2023

India's Adani Energy Solutions Gets Financial Closure for $1 Bln Project

07 Aug 2023  by reuters   

A logo of the Adani Group is seen on a commercial complex in Mumbai, India, February 7, 2023. REUTERS/Francis Mascarenhas/File Photo

MUMBAI, Aug 7 (Reuters) - India's Adani Energy Solutions (ADAI.NS) has achieved financial closure for a $1 billion project to supply renewable power to India's financial capital Mumbai, according to a statement viewed by Reuters.

The banking consortium is comprised of DBS Bank, Intesa Sanpaolo, Mizuho Bank, MUFG Bank, Siemens Bank GmbH, Société Générale (SOGN.PA), Standard Chartered (STAN.L), Sumitomo Mitsui Banking and Hong Kong Mortgage Corp.

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