Jakson Green Gets Rs.2.96 Billion Credit Facility from FAB


Jakson Green has obtained a substantial credit facility of ?2.96 billion from First Abu Dhabi Bank (FAB). This new funding is expected to bolster the company's capabilities in the renewable energy sector and support its ongoing projects.

The credit facility will provide Jakson Green with the necessary financial leverage to advance its initiatives in sustainable energy solutions. The company plans to utilize the funds to expand its operations, accelerate project execution, and invest in cutting-edge technologies to drive its growth in the renewable energy landscape.

Jakson Green, a prominent player in the renewable energy sector, focuses on developing and implementing green energy projects, including solar power, wind energy, and energy storage solutions. This financial boost from FAB will enhance the company's ability to execute large-scale projects and strengthen its position in the competitive renewable energy market.

The partnership with FAB, a leading financial institution in the region, underscores Jakson Green's growing influence and credibility in the global renewable energy sector. The credit facility will not only support Jakson Green's current projects but also pave the way for future expansions and innovations.

Overall, this strategic financial support aligns with Jakson Green's commitment to advancing sustainable energy solutions and contributes to its long-term vision of fostering a greener and more energy-efficient future.

Related Stories

Jakson Green Wins 1 GWp O&M Deals and Expands Solar Operations

Jakson Green’s O&M portfolio comprises a combination of in-house and third-party projects, both within India and in inte..

Jakson Green, Blueleaf to Develop 1 GW Solar Projects In Rajasthan

The initiative will also create valuable job opportunities.

Renewable Energy Projects Face up to 12-month Delay in PPA Signing

Tata Power’s 350 MW hybrid project in Karnataka was delayed by 9 months.