News
24 June 2025

BluPine raises $289m for FDRE project in Karnataka

In:
Power, Renewables
Region:
Asia-Pacific

BluPine Energy has secured INR24.16 billion ($289 million) in debt financing for its 150MW firm and dispatchable renewable energy (FDRE) project in Karnataka.The financing was led by Standard Chartered, which acted as mandated lead arranger, lender, sole green coordinator, and account bank for the...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
11 May 2026

Creative offtakes to drive Europe's BESS boom

A combination of cheaper input costs, a benevolent policy environment and plentiful equity is driving a surge in battery storage financings in Europe. But sponsors have had to...

Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...