Grapevine: KKR-backed firm gets debt capital; Chiratae eyes new fund’s first close
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Grapevine: KKR-backed firm gets debt capital; Chiratae eyes new fund’s first close

By Shubhobrota Dev Roy

  • 24 Aug 2023
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Grapevine: KKR-backed firm gets debt capital; Chiratae eyes new fund’s first close
Credit: Reuters

A renewable energy company backed by private equity firm KKR has tied up Rs 2,600 crore ($315 million) in loans to finance new green power projects, a media report said.  Serentica Renewables, set up by Vedanta founder and mining billionaire Anil Agarwal, has secured the 19-year loan from state-run Power Finance Corp, The Economic Times reported, citing two people close to the matter.  The company will use the ......

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