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JSW Energy’s arm raises $707 million from international green bond issue

11 May 2021 Evaluate

JSW Energy’s wholly owned subsidiary -- JSW Hydro Energy has raised $707 million from an international green bond issue. The Finance Committee of the Board of Directors of JSW Hydro Energy has approved the issuance of USD-denominated senior secured notes aggregating to $707 million. Further, the pricing, tenure and other terms of the Notes have also been approved. The Notes will be listed on the Singapore Exchange Securities Trading (SGX- ST).

JSW Energy, part of the JSW Group, is a growing energy company. The Group has diversified interests in carbon steel, power, mining, industrial gases, port facilities, aluminium, cement and information technology.

Peers
Company Name CMP
NTPC 327.00
Tata Power 366.85
Adani Power 207.00
Power Grid Corpn. 266.00
Adani Energy Solut. 1392.00
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