Cleantech Solar secures $102 million to advance C&I portfolio in India
- Admin
- Jun 25, 2024
- 1 min read
Cleantech Solar, a pan-Asia supplier of renewable energy, has closed a $102.5 million senior secured loan from Aseem Infrastructure Finance. The loan will be used to advance their open-access commercial and industrial (C&I) portfolio in India. They aim to deploy the funds for construction, development, and operations of their open-access solar and wind parks across multiple Indian states. This will serve clients in various sectors such as real estate, automotive, chemical manufacturing, and iron and steel.
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