New Delhi, Sept 28: GE Renewable Energy on Wednesday said it will supply 81 turbines to Continuum Green Energy for 218 MW wind power projects in India. The orders have been placed by Continuum subsidiaries Continuum MP Windfarm Development and Dalavaipuram Renewables Pvt Ltd. “GE Renewable Energy announced…Orders from Continuum Green Energy Ltd to supply, install and commission 81 units of its 2.7-132 onshore wind turbines for the 218.70 MW wind power projects across Tamil Nadu and Madhya Pradesh,” a […]
Bharti Airtel raises $1.25 bn through overseas bonds
The fundraising will further support Airtel’s capital structure, says a company official.
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Airtel‘s subsidiary, Network i2i, priced perpetual bonds at a coupon of 3.975%
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NEW DELHI :
Bharti Airtel Ltd has raised $1.25 billion overseas by selling senior bonds and perpetual bonds, in the largest fundraising by any Indian investment grade issuer since January 2019, it said on Thursday.
Bharti Airtel priced the senior 10.25-year bonds of $750 million at a yield of 187.5 basis points (bps) for an implied coupon of 3.25%, while its wholly-owned subsidiary Network i2i Ltd priced $500 million worth guaranteed subordinated perpetual 5.25-year bonds at a coupon of 3.975%.
Continuum Green Energy eyes IFC for green fund bond funding
February 11, 2021
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IFC subscribed to 10% of Continuum’s first green bond that listed on the Singapore bourse on February 10
Mumbai-based Continuum Green Energy Ltd has tapped the International Finance Corporation (IFC) to anchor its first green bond.
IFC has subscribed to 10 per cent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. The offering raised $561 million and will primarily be used to refinance existing debt.
Continuum is a provider of renewable power to corporates in the commercial and industrial sectors in India, with roughly two gigawatts of wind and solar projects across the country. The company is majority-owned by a $4-billion global infrastructure fund managed by Morgan Stanley Infrastructure Partners, that focuses on long-term investments in infrastructure assets across the globe. IFC’s investment continues a relationship that began in