Adani Energy Solutions' arm Adani Electricity Mumbai has announced a tender offer to buyback part of its outstanding senior secured notes worth USD 120 million, which are due in 2030.
Adani Energy Solutions (AESL) has secured financial closure for its $1bn green high voltage direct current (HVDC) link project in Mumbai. The transmission and distribution business said the HVDC link will bulk inject an extra 1,000 MW of renewable power into the city as well as enhancing grid stability, thus ensuring an uninterrupted power supply.
In our fortnightly round-up of the world’s super wealthy, Gautam Adani is reportedly considering a bond buyback and investor Bill Ackman warns that the US regional banking system is at risk