Green Infra to receive $59 mn by IFC
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Real Estate

Green Infra to receive $59 mn by IFC

01 Nov 2014 1 Min Read Editorial Team
International Finance Corporation (IFC), the private sector investment arm of the World Bank, has plans to lend $59 mn to the IDFC Alternatives-controlled renewable energy firm Green Infra Corporate Solar Ltd. The corporation plans to provide ´A´ loan of up to $59 mn to the project while the balance debt financing of up to $118 mn is proposed to be arranged from other lenders by Green Infra or through the IFC syndicated loan products.

International Finance Corporation (IFC), the private sector investment arm of the World Bank, has plans to lend $59 mn to the IDFC Alternatives-controlled renewable energy firm Green Infra Corporate Solar Ltd. The corporation plans to provide ´A´ loan of up to $59 mn to the project while the balance debt financing of up to $118 mn is proposed to be arranged from other lenders by Green Infra or through the IFC syndicated loan products.

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