ifc

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IFC Invests $105 Million in Brookfield’s 500 MW Solar Project in Rajasthan

The International Finance Corporation (IFC) will partially finance a 550 MW solar power project being developed by Brookfield Asset Management in Bikaner, Rajasthan,...

June 18, 2024

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Staff

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C&I

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Solar
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Grasim Secures ₹12.5 Billion Investment from IFC for Decarbonization Initiatives

Grasim Industries, an Aditya Birla Group company, has announced an investment of ₹12.5 billion (~$150.3 million) from the International Finance Corporation (IFC), the...

March 21, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Blended Finance Key to India’s Transition to Clean Energy: IFC

Blended finance is set to play a crucial role in bolstering India’s transition to clean energy by its capacity to attract greater private investment into impactful...

September 26, 2023

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Rakesh Ranjan

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Finance and M&A

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Other
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Daily News Wrap-Up: Tata Power’s Tender for 225 MW Wind-Solar Hybrid Projects

Tata Power has invited bids to develop and procure power from 225 MW of grid-connected intrastate and interstate wind-solar hybrid power projects with a greenshoe option...

June 27, 2023

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Mercom Staff

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Daily Wrap-up
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Unlocking Potential $2.8 Trillion Annual Investments in Clean Energy

To meet the growing energy demand while aligning with the goals of the Paris Agreement, the annual investment in clean energy, both from public and private sources, will...

June 26, 2023

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Arjun Joshi

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Other

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Renewable Energy
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IndiGrid Raises ₹11.4 Billion from IFC Through Debenture Issue

IndiGrid, which is the first power sector Infrastructure Investment Trust (InvIT) to be listed on the stock exchange in India, has announced that the International...

April 21, 2023

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Rakesh Ranjan

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Finance and M&A

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Grid
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IFC Loans $110 Million to Fertilizer Producer for Solar Projects in Morocco

International Finance Corporation (IFC) has signed an agreement with phosphate-based fertilizer producer OCP for a €100 million (~$110.5 million) green loan to build...

April 14, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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IFC Invests ₹6 Billion in Mahindra’s New Last-Mile Mobility Firm

The International Finance Corporation IFC, a member of the World Bank Group, has announced an investment of ₹6 billion (~$72.9 million) in a subsidiary of Mahindra &...

March 23, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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IFC Extends Loans to HDFC and HomeFirst to Promote Green Affordable Housing

International Finance Corporation (IFC), a member of the World Bank Group, has announced loans of $400 million and $33.8 million to HDFC and HomeFirst respectively to...

December 26, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Funding and M&A Roundup: Yellow Door Energy Closes $400 Million Equity Funding Round

From: Mercom Capital Group Yellow Door Energy (YDE), a UAE-based solar developer, announced the closing of $400 million equity to continue its development of sustainable...

October 19, 2022

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Staff

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Finance and M&A

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Solar
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Federal Bank to Discontinue Financing New Coal Projects

Federal Bank Limited will discontinue financing of any new-coal related projects, including coal-fired power projects. The announcement comes on the heels of the equity...

October 8, 2021

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Harsh Shukla

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Finance and M&A

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Other
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Sembcorp Industries Raises $496 Million Through Sustainability-Linked Bonds

Singapore-based renewable energy company Sembcorp Industries has raised S$675 million (~$496.1 million) by launching a sustainability-linked bond (SLB) in Singapore. The...

September 30, 2021

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Harsh Shukla

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Finance and M&A

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Other
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Niger Invites Bids to Develop a 50 MW Solar Project

The Ministry of Petroleum, Energy, and Renewable Energies of the Republic of Niger has floated a tender to develop a 50 MW solar project. The project will be located at...

September 16, 2021

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Harsh Shukla

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Solar

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Tenders & Auctions
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SIMA Launches Energy Access Relief Fund to Support Off-Grid Solar Companies

Social Investment Managers and Advisors (SIMA) has launched the Energy Access Relief Fund (EARF) with a first close of $68 million and a target closing of around $84...

September 3, 2021

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Staff

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Markets & Policy

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Solar
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Augment Infrastructure Acquires a Majority Stake in CleanMax for ₹16.5 Billion

CleanMax, an Indian renewable energy company, announced that Augment Infrastructure, a U.S.-based investment company, has acquired a majority stake in the company...

August 12, 2021

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Harsh Shukla

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Finance and M&A

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Solar

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