Clean Max Enviro Energy raises Rs 2,500 cr via green bonds
In a significant financial move, Clean Max Enviro Energy successfully raised Rs 2,500 crore by issuing green debt securities. The offering consisted of non-convertible debentures organized into five series, each featuring different maturities and coupon rates. Structured under a green bond framework, the funds will be directed towards renewable energy projects. The backing from prominent institutional...
Key Takeaways
- In a significant financial move, Clean Max Enviro Energy successfully raised Rs 2,500 crore by issuing green debt securities.
- The offering consisted of non-convertible debentures organized into five series, each featuring different maturities and coupon rates.
- Structured under a green bond framework, the funds will be directed towards renewable energy projects.
In a significant financial move, Clean Max Enviro Energy successfully raised Rs 2,500 crore by issuing green debt securities. The offering consisted of non-convertible debentures organized into five series, each featuring different maturities and coupon rates. Structured under a green bond framework, the funds will be directed towards renewable energy projects. The backing from prominent institutional investors indicates strong confidence in Clean Max's sustainable growth approach.
Original Publisher Attribution
This summary was curated from Economic Times.