Serentica secures USD 345.1 million for Karnataka hybrid project
Serentica Renewables has secured debt financing of up to USD 345.1 million from a consortium of lenders led by the Asian Development Bank (ADB) to develop and refinance a solar-wind hybrid project in Koppal, Karnataka. The financing has been raised through the company’s special purpose vehicle, Serentica Renewables India 1 Private Limited (SRI 1). Financing…