Cyan Renewables Acquires MMA Offshore in $726 Million Deal
MMA shareholders will receive A$2.70 per share in cash, representing a premium of 36% over the stock’s 90-day average price.
India Making Strides in Climate Action: Forests to Absorb More Carbon; Economic Survey
The country’s GDP grew at a healthy 7% rate between 2005 and 2019, while emissions increased at a slower pace of 4%.
Promoter Infuses 900 cr; Inox Wind to Become Debt-Free
This strategic move will significantly strengthen the company’s financial position and accelerate its growth trajectory.
ACME Solar Aims for Aggressive Expansion with ₹3,000 Crore IPO
ACME Solar boasts a current operational solar power capacity of 1,320 MW, with an additional 1,500 MW of solar and 150 MW of wind power under construction.
World Bank’s $1.5 Billion Loan Boosts India’s Green Hydrogen Dreams
This loan marks the second round of support from the World Bank, following a similar $1.5 billion granted in June 2023.
Adani Green Pledges S$24.2 Billion by 2030 to Build 40GW Capacity
Adani Green Energy Ltd (AGEL), a subsidiary of the Adani Group with a current renewable energy capacity of over 10 GW, aims to add 6-7 GW annually, reaching 50 GW by 2030.
Tata Communications Secures $250 Million Sustainability-linked Loan
The five-year sustainability-linked loan (SLL) is the first of its kind for Tata Communications under their newly established SLL framework.
IFC Invests $105 Million in Brookfield’s Solar Project
The IFC’s investment will be made through long-term loans allocated to the project’s special purpose vehicles and entities responsible for its implementation.
$2.5 Billion Qatar Green Bond Attracts Strong Investor Interest
Underscoring the growing appetite for sustainable investment opportunities globally, the $2.5 billion green bond was met with overwhelming investor interest, attracting bids worth more than three times the offered amount.
Tokenized Carbon Credits To Power $100 Billion Market By 2030
Major financial institutions are leveraging Fils’ platform to process payments that automatically offset carbon emissions associated with their business activities.