Blueleaf Secures Funding From Axis Bank For 200mw Solar Plus Wind Project In India

Blueleaf Energy Secures USD 170 Million Financing for Hybrid Power Project

Project Progress

Blueleaf Energy, a leading pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, has closed the financing for a 200-MW wind and solar hybrid power project in Madhya Pradesh, India.

Financial Details

The project has secured approximately USD 170 million in financing from Axis Bank, a prominent private sector bank in India.

Bank Support

Ganesh Sankaran, Group Executive and Head of Wholesale Banking Coverage Group, Axis Bank, expressed enthusiasm for the partnership, stating that the bank is delighted to support Blueleaf Energy in its renewable energy endeavors.