Indian clean energy firm Jakson Green has raised Rs 40 billion (USD 476 million) to expand its renewable energy portfolio. The funds will support the addition of 1GW of capacity by 2026, with a current installed base of 250MW.

Joint Managing Director Krishnan Kannan said the investment, comprising 75% debt and 25% equity, will be secured by November. Jakson Green aims to add 1 GW annually over the next five years. The company has already been awarded over 1 GW of renewable projects and secured international financing from First Abu Dhabi Bank for global growth.

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