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ReNew Raises $375 Million Through Green Bond Issue

The capital raised is expected to be utilized by ReNew to refinance its external commercial borrowings, reduce interest rate risks and lower cost of debt

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Indian renewable energy independent power producer (IPP) ReNew Power Limited, has announced that it has successfully concluded a green bond issue of $375 million. Barclays (B&D), Goldman Sachs, HSBC, J.P. Morgan, and YES Bank were the book runners for the green bond issue.

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