Serentica Renewables Secures Second ECB Financing of USD 100+ Million from Rabobank and Société Générale to Power BALCO (Bharat Aluminium Company Limited) - Serentica
Summary
Serentica Renewables closed a second external commercial borrowing facility worth more than USD 100 million from Rabobank and Société Générale. The company will use the debt to develop a 300 MW solar project in Rajasthan. The project will supply green energy to BALCO and support industrial decarbonization in India. Serentica also highlighted its broader pipeline of renewable projects and its focus on firm, dispatchable clean power for commercial and industrial customers.
Funding
Amount
$100.0M
Total raised
Date
June 4, 2025
Announcement date
Investors
Rabobank
Lead investors
Company
serenticaglobal.com
Funded company
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