Traders struggled to maintain the buying enthusiasm seen last week that was fuelled by bargain-buying and China’s pledge to support beaten-down markets and indication that a crackdown on the tech sector was nearing an end.
Adani Green raises $288 million for its under-construction RE portfolio
Adani Green Energy Ltd (AGEL) has extended its construction financing framework to $1.64 billion by raising a $288 million facility for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading international lenders.
A company statement on Monday said the facility will initially finance the 450 MW hybrid portfolio of solar and wind renewable projects that AGEL is setting up in Rajasthan, India. In March 2021, AGEL had closed a $1.35 billion construction revolver facility in one of Asia’s largest project financing deals.
Plane carrying 133 crashes in China, casualties unknown: Agencies
India VIX jumps 8.3% to 24.49
Loss in one crypto asset cannot be set off against another crypto, government clarifies
In a big jolt to the crypto industry, the…
