Adani Green Energy Limited — Updates, 03-03-2025: Press Release

Adani Green Energy Ltd. has successfully refinanced its USD 1.06 billion maiden Construction Facility, integral to the development of India's largest solar-wind hybrid renewable cluster in Rajasthan. This long-term financing boasts a 19-year tenor with a fully amortized debt structure, aligning with the cash flow lifecycle of the asset portfolio. This refinancing marks the completion of AGEL's capital management program for the underlying assets, enhancing its financial stability while providing access to diverse pools of capital for sustained growth. The facility received an AA+/Stable rating from three domestic agencies, underscoring the company's strong operational performance. This milestone is expected to bolster AGEL’s capacity to drive value creation for stakeholders while maintaining its growth trajectory in the renewable energy sector.