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IFC subscribes to L&T’s Green Bond to help finance Indian solar

IFC subscribes to L&T’s Green Bond to help finance Indian solar

The World Bank’s IFC has invested INR6.67 billion (US$103 million) in L&T Infrastructure Finance Company to help finance solar PV in India.

IFC did this by subscribing to the green bonds issued by L&T Infrastructure Finance, a wholly-owned subsidiary of L&T Finance Holdings (LTFH) that is also promoted by Indian solar EPC firm Larsen & Toubro. read more →

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