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AdaniConneX, a joint venture, raised USD 1.44 billion in India's largest sustainability linked financing. The construction financing pool now stands at USD 1.65 billion, focusing on advanced technologies and environmental solutions, with support from international lenders and industry partners.
STATE is gearing up to launch itself, Science, Technology and Innovation Minister Datuk Mohd Arifin Mohd Arif announced plans to establish the Sabah International Aerospace Launch Centre and Industrial Park.
"The financing has an initial commitment of $875 million, with an accordion feature to extend commitment up to $1.44 billion... Definitive agreements have been executed with eight international lenders - ING Bank N.V., Intesa Sanpaolo, KfW IPEX, MUFG Bank, Natixis, Standard Chartered Bank, Societe Generale and Sumitomo Mitsui Banking Corporation," AdaniConnex said in a statement.
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