Adani Energy Solutions may raise $360mn – Times of India

by The Technical Blogs

NEW DELHI: Adani Energy Solutions (AESL), earlier known as Adani Transmission, is planning to raise $360 million (around Rs 3,000 crore) through issuing bonds on a private placement basis.
“…we are looking for a private placement of $360 million of transmission assets which were commissioned in the last three to four years,” Rohit Soni, chief financial officer of Adani EnergySolutions, said during an investors call.He further informed that the company is still working if it can get (raise $360 million) via bonds early next year and the work is still in progress.

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