Owner and developer of 24/7 renewable energy projects for a net zero future

By fundgini

Posted On: 02 / Aug / 2023

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Deal Details

Annual

Deal Type

Debt Finance

Maximum Loan

Industry

Renewable Energy

Charge

Deal Status

Active

Deal Description

Description:

Company is a renewable energy project developer.
Company targets firming solutions to meet the reliability needs of the energy grid as fossil fuel generation retires and solar and wind dominate.
Our primary project is the restart and conversion of the existing 146MW Redbank Power Station located in the Hunter Valley.
Company has secured $68m in conditional debt funding for the Redbank Power Station Conversion Project and is seeking $10m to continue development and closeout funding requirements.

The company is looking to raise funds in two tranches:

1st Tranch = $ 6Mn
2nd Tranch = $18Mn

No Files Attached

Deal Value

₹ 191.76 Crore

Targeted Region

Asia Pacific

Revenue

2019-20

Undisclosed

2020-21

Undisclosed

2021-22

Undisclosed