Greenko has secured approximately ₹600 crore through privately placed rupee-denominated bonds, subscribed by Broad Peak Investment Advisors and JP Morgan. The funds will be utilized for repaying inter-company loans and general corporate purposes. This capital infusion coincides with Greenko’s commissioning of significant storage assets, including a large-scale integrated renewable energy storage project in Rajasthan.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets