ACME Solar Raises $334 Million in Offshore Green Bonds for 12 Solar Projects
Proceeds of the green bond will be used for the subscription of non-convertible debentures issued by ACME’s projects
July 30, 2021
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Independent power producer ACME Solar (ACME) has raised around $334 million for 12 of its solar projects through the issuance of offshore green bonds. The debt investment will be funded by U.S. dollar-denominated green bonds.