Adani Green raises $1.35 bn to fund 1.7 GW hybrid renewable projects

Thursday, 18 March 2021, 20:45:00
The 12 international banks which have committed for the revolving credit facility are Standard Chartered Bank, Intesa Sanpaolo, MUFG Bank, Sumitomo Mitsui Banking Corporation, Cooperative Rabobank, DBS Bank, Mizuho Bank, BNP Paribas, Barclays, Deutsche Bank, Siemens Bank, and ING Bank.
— The Financial Express

Harris Poll Data Shows 1 in 10 Americans Will Use Stimulus Checks to Buy Bitcoin and Ethereum

Thursday, 18 March 2021, 19:30:33
Following the recently published survey by Mizuho Securities that estimates roughly $24 billion from the $380 billion in direct stimulus checks will go toward bitcoin, a Harris Poll was released that estimates around 1 in 10 Americans have used stimulus checks to invest in cryptocurrencies like bitcoin and ethereum. Recently Published Harris Poll Says 7% […]
— Bitcoin.com News

Adani Green Energy raises USD 1.35 billion in one of Asia's largest project financing deals | Headlines

Thursday, 18 March 2021, 11:37:36
According to the agreement, 12 international banks – Standard Chartered Bank, Intesa Sanpaolo S.p.A, MUFG Bank, Sumitomo Mitsui Banking Corporation, Coperatieve Rabobank U.A., DBS Bank Ltd., Mizuho Bank, Ltd., BNP Paribas, Barclays Bank PLC, Deutsche Bank AG, Siemens Bank GmbH and ING Bank N.V committed for the facility which will be the first certified green hybrid project loan in India.
— Devdiscourse

Adani Green raises $1.35 billion debt from 12 banks

Thursday, 18 March 2021, 10:11:38
Adani Green Energy Ltd (AGEL) on Thursday said it has raised USD 1.35 billion debt for its under-construction renewable energy projects via definitive agreements signed with a group of 12 international lenders.The revolving project finance facility would initially finance the 1.69 GW hybrid portfolio of solar and wind renewable projects to be set up in four SPVs (special purpose vehicles) in Rajasthan, AGEL said in a statement.The company claimed this will be the first certified green hybrid project loan in India.The 12 international banks that will provide loans are Standard Chartered Bank, Intesa Sanpaolo S.p.A, MUFG Bank, Sumitomo Mitsui Banking Corporation, Coöperatieve Rabobank U.A., DBS Bank ,Mizuho Bank, BNP Paribas, Barclays Bank PLC, Deutsche Bank AG, Siemens Bank GmbH and ING Bank N.V.”AGEL raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading international lenders,” the statement said.The new pool of liquidity strengthens AGEL's strategy to fully fund its under-construction asset and augurs well for its vision of scaling capacity to 25 GW by 2025.The facility is an important element of AGEL's overall capital management plan and is key to fully funding its growth aspirations.AGEL shall engage with the financiers to raise financing efficiently and expeditiously for all the future projects as per the agreed threshold parameters, it added.”We believe that establishing depth and diversity in our funding resources is critical for AGEL's vision to become the largest renewable player in the world.
— Economic Times India

$23,000,000,000 in Stimulus Checks May Be Used to Buy Bitcoin: Survey | The Daily Hodl

Wednesday, 17 March 2021, 08:04:40
Investment bank Mizuho Securities is reportedly saying that tens of billions of dollars may be used to buy Bitcoin as Americans receive a new batch of direct stimulus payments.
— The Daily Hodl