By Ishita Russell
The solar project costs are estimated at up to $76 million.
Firm eyeing one exit in SE Asia – to close 2-3 deals by year-end.
India is considering electrifying all its vehicles over the next 15 years.
It plans to use the funding to expand to over 5,000 more villages
IFC’s investment involves an “A” loan to co and subscribing to its NCDs.
Funding to help the company expand its solar rooftop and solar EPC businesses.
This is IFC’s fourth investment in the region this month.
To help fund Max Healthcare’s acquisition and expansion plans.
The company will use the proceeds for wind, solar and other climate finance projects.
The proceeds of the IFC loan will be used to fund plant machinery.