India's Adani Green raises $1.06 billion for debt refinance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
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Source: Reuters
Fundraising Details: Adani Green has raised $1.06 billion to refinance a renewable energy project debt, marking its first major fundraising since the indictment of its executives over alleged bribery.
Legal Context: The company previously halted a $600 million bond issue following allegations against chairman Gautam Adani for bribing officials, which Adani Group claims are "baseless."
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
