India: Vector Green Energy seeks to raise $164m through gree

India: Vector Green Energy seeks to raise $164m through green bond


India: Vector Green Energy seeks to raise $164m through green bond
Renewable energy/Illustration/ Internet Archive
April 15, 2021
US-based Global Infrastructure Partners’ (GIP) Indian green energy platform, Vector Green Energy plans to raise Rs1237 crore through a green bond in the Indian capital market.
“CRISIL Ratings has assigned its ‘Provisional CRISIL AAA/Stable’ ratings to the ₹581 crore non-convertible debentures (NCDs) of Yarrow Infrastructure Pvt Ltd (YIPL) which is part of Vector Green Restricted Group (VGRG) of six special purpose vehicles (SPVs),” the rating agency said in a statement on Wednesday.
“The total aggregate amount of these NCDs of VGRG is ₹1,237 crore,” the statement added.

Related Keywords

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