Mumbai: KKR-backed Serentica Renewables has raised about $1.19 billion across three financing transactions as the renewable energy producer accelerates capacity expansion, refinances acquisition debt and funds delayed renewable energy projects, people familiar with the matter said.The financing package comprises a $345 million multi-lender loan from the Asian Development Bank (ADB), Sumitomo Mitsui Banking Corp. (SMBC), New Development Bank (NDB) and India Exim Bank, a $450 million refinancing arranged by Societe Generale and Clifford Capital for a renewable energy project, and a $397 million green term loan solely underwritten by MUFG, which is now being syndicated to other lenders.Also Read: Govt extends exemption for net metering, open access renewable energy projects till DecemberMUFG has solely underwritten a $397 million green term loan for Serentica Renewables India 14 Pvt Ltd, which is now being syndicated to other banks.Loan agreement from a consortium of lenders led by the Asian Development Bank is for a debt quantum of up to $345.1 million to develop and refinance a large-scale solar-wind hybrid project in Koppal, Karnataka.Also Read: Power producer Resolven bags 200 MW wind project from SECISeparately, the company is in talks with Standard Chartered Bank to raise $250 million for another SPV.Backed by investment from KKR, Serentica aims to supply over 50 billion units of clean energy annually, enabling the displacement of 47 million tons of CO2 emissions. The company has reached 8,700 MW of renewable energy contracted capacity and over 3,200 MW of operational capacity.