Virescent Renewable Energy Trust raises Rs 2,150 cr; names Akshay Jaitly as independent director

KKR-backed Virescent Renewable Energy Trust has raised funds to the tune of Rs 2,150 crore through various financing instruments. Virescent Renewable Energy Trust (VRET) has raised Rs 1,000 crore in its debut issuance across 3, 5 and 7 year tranches, a company release said, adding that this transaction marks the first ever issuance by a Renewable Energy InvIT in India.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3Hm73gh