fmo

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Rooftop Solar and EV Financing Firm Ecofy Secures ₹900 Million

Non-banking financial company Ecofy has secured an investment of ₹900 million (~$10.83 million) from FMO, a Dutch entrepreneurial development bank, to facilitate product...

January 25, 2024

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Staff

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Finance and M&A

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Other
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IFC and HSBC Establish Green Bond Fund Focused on Providing Access to Climate Finance

The International Finance Corporation (IFC), the financial arm of the World Bank, along with HSBC Global Asset Management, has announced their first global green bond...

June 5, 2019

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Ramya Ranganath

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Markets & Policy

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Solar
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Avaada Energy’s Renewables Growth Plan Gets ₹10 billion Boost from ADB, DEG and, FMO

Independent power producer (IPP), Avaada Energy, has announced that it has secured financing of around  ₹10 billion ($143.8 million) in the form of equity infusion from...

April 9, 2019

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shaurya

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Finance and M&A

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Solar
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Tata Cleantech Raises ₹1,800 Million from Netherland’s FMO through Green Bonds

Tata Cleantech Capital Limited (TCCL) has raised ₹1,800 million (~$25.62 million) through green bonds from FMO, the Netherlands Development Finance Company. Tata...

January 4, 2019

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Nitin Kabeer

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Finance and M&A

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Solar
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Off-Grid Solar Solutions Provider d.light Raises $41 Million in Equity Funding

Off-grid solar solutions provider d.light has raised $41 million in equity financing from a consortium led by Inspired Evolution, an Africa-focused investment advisory...

December 19, 2018

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Saumy Prateek

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Off-grid

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Solar
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Off-Grid Solar Solutions Provider ZOLA Gets $32.5 Million to Expand Footprint in Tanzania

ZOLA Electric, formerly known as Off Grid Electric, an African renewable energy company, has secured $32.5 million in funding from FMO, the Dutch entrepreneurial...

December 12, 2018

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Saumy Prateek

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Off-grid

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Solar
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Orb Energy Raises $15 Million from FMO and OPIC

The solar firm Orb Energy has raised over $15 million (~₹954 million) in equity and debt to expand its in-house finance facility of rooftop solar projects for Small- and...

January 10, 2018

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Wendy Prabhu

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Finance and M&A

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Solar
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Scatec Solar Closes $335 Million in Funding for Egyptian Solar Projects

Scatec Solar ASA (SSO) and its partners have closed financial deals for six solar photovoltaic (PV) power plants with an aggregate capacity of 400 MW in Egypt. The...

November 1, 2017

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Wendy Prabhu

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Solar
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EBRD, GCF and FMO to Provide $87 Million Loan to Develop Solar Projects in Egypt

The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF), and the Netherlands Development Finance Company (FMO) have together agreed to...

November 1, 2017

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Wendy Prabhu

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Finance and M&A

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Solar
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M-KOPA Solar Secures $80 Million in Commercial Debt Funding

M-KOPA Solar, a pay-as-you-go energy provider to off-grid homes, has secured $80 million of committed financing. The company will utilize the funds over the next three...

October 12, 2017

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Wendy Prabhu

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Finance and M&A

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Solar
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Month in a Minute: Important Headlines and Data Points from the Indian Renewable Energy Sector in June 2017

The Ministry of New and Renewable Energy (MNRE) de-empaneled 71 channel partners fromits grid-connected rooftop and small solar power projects program. These agencies...

July 3, 2017

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Priya Sanjay

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Markets & Policy

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Solar
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Yes Bank Signs Green Finance Charter with FMO, DEG and Proparco

Yes Bank, FMO (the development bank of the Netherlands), DEG (the development bank of Germany) and Proparco (the development of France) signed a Green Finance Charter...

June 23, 2017

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Wendy Prabhu

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Finance and M&A

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Solar

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