Azure Power to Issue India’s First Solar Green Bond
Azure Power Global Limited Equity Shares (AZRE)
Last azure power global limited equity shares earnings: 2/11 04:31 pm
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Source: Business Wire
New US$500 million Bond to be issued Represents the first green bond with only solar power projects in India EBENE, Mauritius--(BUSINESS WIRE)-- Azure Power Energy Ltd, a wholly owned subsidiary of Azure Power Global Limited (NYSE: AZRE), a leading independent solar power producer in India, will issue an inaugural US$500,000,000 green bond offering, maturing in 2022 (the “Bond”). This Smart News Release features multimedia. View the full release here:http://www.businesswire.com/news/home/20170728005209/en/ Azure Power | New York Stock Exchange (Photo: Business Wire) The Bond has been certified by Climate Bonds Initiative as green bond and is the first solar green bond to be offered by a company with only solar power assets out of India. The Company expects to use the proceeds to refinance existing indebtedness and for other general corporate expenses. Commenti
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