Tags: AIIB

L&T Infrastructure closes USD 100 million ECB from AIIB for Renewable Energy Finance

L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from Asian Infrastructure Investment Bank (AIIB), a multilateral development bank that invests in sustainable infrastructure. The development marks AIIB’s first loan to a non-banking financial company (NBFC) in India. The loan […]

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AIIB expects $100m investment a year in India’s solar, wind projects

Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) expects an annual private investment worth $100 million a year in solar and wind projects in India from next month. AIIB expects to tap as much as $100 million green and renewable projects in India from next month, bank’s Director General (Investment Operations) Pang Yee Ean said. In a […]

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L&T Finance arm gets USD 100 million from AIIB for green energy funding

The Beijing-headquartered multi- lateral developmental lender Asian Infrastructure Investment Bank (AIIB) Friday said it will provide USD 100 million in loans to L&T Infrastructure Finance Company for on-lending to wind and solar power infrastructure projects in the country. This deal with the arm of L&T Finance Holdings marks the bank’s first loan to a non-banking […]

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EIB approves loan to fund hydropower project in Georgia

With its approval of a US$150 million loan, European Investment Bank (EIB) joins the European Bank for Reconstruction and Development (EBRD) and Asia Infrastructure Investment Bank (AIIB) in financing the $1.1 billion 280-MW Nenskra hydropower project in Georgia. Earlier this month, HydroWorld.com reported EBRD committed a total of $230 million to the project and to date, AIIB […]

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