Friday, March 19, 2021

Adani Green Energy trades higher on raising $1.35 billion

Adani Green Energy is currently trading at Rs. 1156.55, up by 21.75 points or 1.92% from its previous closing of Rs. 1134.80 on the BSE.

The scrip opened at Rs. 1134.80 and has touched a high and low of Rs. 1165.00 and Rs. 1081.00 respectively. So far 17170 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1245.00 on 16-Mar-2021 and a 52 week low of Rs. 122.90 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1245.00 and Rs. 1081.00 respectively. The current market cap of the company is Rs. 174231.19 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 23.10% and 1.99% respectively.

Adani Green Energy (AGEL) has raised a $1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading international lenders. The revolving project finance facility would initially finance the 1.69 GW hybrid portfolio of solar and wind renewable projects to be setup in four SPVs in the state of Rajasthan, India.

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.

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