India's Srei Equipment Finance, a subsidiary of Srei Infrastructure Finance, has become the latest renewable energy firm to receive funding from Dutch development bank FMO. It has granted $30m in credit for Srei Equipment Finance to refinance its operations. Anjana is a news editor at Mercom India. The company is also working with other banks on financing projects including one that will provide loans and guarantees worth $200m over five years to help build solar power plants across India.
India's Srei Equipment Finance, a subsidiary of Srei Infrastructure Finance, has become the latest renewable energy firm to receive funding from Dutch development bank FMO. It has granted $30m in credit for Srei Equipment Finance to refinance its operations. The company is also working with other banks on financing projects including one that will provide loans and guarantees worth $200m over five years to help build solar power plants across India.