GPS Renewables Secures $50 Million in Debt Financing
The company has previously raised $20 million in equity funding from Neev Fund II by SBICap Ventures, Netherlands-based Hivos-Triodos Fund and Hyderabad-based Caspian Impact Investments.
HDFC Bank Successfully Raised $300 Million Via Sustainable Bonds
The three-year sustainable bond, boasting a competitive spread of 95 basis points over the US Treasury, represents the tightest credit spread achieved by an Indian issuer for a similar-sized offering.