Asian Development Bank and Tata Cleantech Capital are the other financiers. The company did not provide a break up of how much of the funding was in the form of debt and what component was an equity investment. ET had reported on 18 January that SAEL Industries was close to finalising a $1 billion funding. DFC recently financed Adani Ports and Special Economic Zone with a $550 million loan for its port terminal project in Sri Lanka.
An Indian food processing and green energy company that received equity funding from a climate fund managed by Norwegian development finance institution Norfund in early ..
Private equity inflows plunged 75.4 per cent to $2.2 billion in the March quarter, making it the sixth consecutive quarter of decline, amid global macroeconomic and geopolitical headwinds, according to a report.