BluPine Energy secures ?1,787 crore from NaBFID for solar asset repowering

May 4, 2025

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BluPine Energy has obtained ?1,787 crore in structured financing from NaBFID to repower existing solar projects and support long-term expansion. The funding involves 14 SPVs across Punjab, Uttarakhand, and Karnataka, forming a Restricted Group with both central and state off-takers. Advised by Argus Partners, this initiative aims to optimise financial structuring, reduce debt costs, and enhance operational efficiency in the renewable energy sector.

Note: The above-mentioned news was first published by us in our ProjectX India | 1st May 2025 edition.. Do you want to buy this issue or our latest issue? If yes! click here

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