ACME Solar Holdings has secured long-term financing of Rs 23 billion from the National Bank for Financing Infrastructure and Development (NaBFID) to support the expansion of its renewable energy portfolio and strengthen its project pipeline in India.
The funding has been structured as a 15-year term loan, providing long-tenure capital for the development, construction and refinancing of renewable energy assets. The transaction reflects continued institutional support for large-scale clean energy infrastructure in the country.