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Azure Power Raises $135 Million to Develop 200 MW of Rooftop Solar Projects in India

The line of credit was led by International Finance Corporation

June 1, 2018

/ Saumy Prateek
/ Finance and M&A, Solar
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Indian renewable energy project developer Azure Power has raised $135 million in debt financing from a consortium of development finance institutions. The proceeds will be used to finance approximately 200 MW of Azure Power’s rooftop solar photovoltaic (PV) projects across India.

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Saumy Prateek

More articles from Saumy Prateek.
Azure Powerdebt financingIFCrooftop solar PVWorld Bank
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