India's agency for rural electrification raises $450m with first green bond

Michael Holder
clock • 2 min read

London Stock Exchange welcomed state-owned firm's first green bond last week, which was 3.9 times oversubscribed

India's state-owned Rural Electrification Corporation (REC) has raised $450m for climate-friendly projects through its first ever green bond, which was admitted to trading on the London Stock Exchange...

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