Indian clean energy conglomerate Avaada Group has closed a roughly USD-1.3-billion (EUR-1.12bn) financing deal supporting a 2.15-GW renewable energy portfolio in its home country.

Avaada Group secured ₹12,800 crore financing from three major lenders. This funding will support 2.15 GW of renewable energy projects in Gujarat and Maharashtra. These new…

Avaada Group on Friday announced the financial closure of $1.3 billion for its 2,150 MW renewable energy portfolio in Gujarat and Maharashtra.