TAG: "Sumitomo Mitsui Banking Corporation"

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ENGIE Expands Red Sea Wind Energy Project in Egypt, Africa’s Largest Wind Farm

ENGIE, alongside consortium partners, expands the Red Sea Wind Energy wind farm in Ras Ghareb, Egypt, to 650 MW. This landmark project will power over one million homes, reduce CO₂ emissions by 1.3 million tons annually, and advance Egypt’s renewable goals.

Sumitomo Mitsui Banking Corporation | January 14, 2025 | By EI News Network | 731

POWERGRID Signs USD 200 Million Green Loan Agreement with SMBC

POWERGRID has signed a USD 200 million green loan agreement with SMBC, with a greenshoe option of USD 150 million, to fund renewable energy infrastructure and has divested its remaining 26 percent stake in four associate companies to POWERGRID Infrastructure Investment Trust (PGInvIT) for INR 506.62 crore.

Sumitomo Mitsui Banking Corporation | January 01, 2025 | By Mrinmoy Dey | 994

REC Limited Secures Green Loan of JPY 60.5 Billion for Sustainable Projects in India

The green loan facility, enjoys an 80 percent guarantee by the Italian Export Credit Agency, SACE (Italy), under their innovative Push Strategy program.

Sumitomo Mitsui Banking Corporation | April 26, 2024 | By Abha Rustagi | 1643

Amp Energy India Bags USD 250 Million Financing from SMBC Bank of Japan, ICG and AIIB for Development of Renewable Projects

The transaction will be declared and the proceeds will be utilised to run the company’s expansion plans.

Sumitomo Mitsui Banking Corporation | June 12, 2023 | By EI News Network | 2228

L&T Closes US$ 107Mn Sustainability Linked Loan with Sumitomo Mitsui Banking Corporation

Larsen & Toubro Limited (L&T) has successfully closed a three-year USD 107 million sustainability-linked loan from Sumitomo Mitsui Banking Corporation (SMBC), with SMBC appointed as the sole Sustainability Coordinator and Lender.

Sumitomo Mitsui Banking Corporation | December 01, 2022 | By News Bureau | 2155