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Home » News » Solar » BluPine Energy Secures Financing for 120-MW Solar Project in Gujarat
Solar

BluPine Energy Secures Financing for 120-MW Solar Project in Gujarat

By Don PadillaJuly 24, 20241 Min Read
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Credit: BluPine Energy
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BluPine Energy, an Indian subsidiary of private equity firm Actis, has achieved financial closure for its 120-MW solar project in Gujarat, India, the company announced on Monday. The milestone was reached with a debt financing arrangement from the State Bank of India, which has committed INR 4.36 billion (USD 52.1 million/EUR 47.9 million) to the

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