Adani Energy rolls out $1-bn QIP; base deal of up to $700 mn

Adani Energy rolls out -bn QIP; base deal of up to 0 mn

Adani Energy Solutions launched a qualified institutional placement (QIP) on Tuesday to raise $1 billion (₹8,373 crore), showed a term sheet issued by the bankers. The issue comprises a base deal of up to ₹5,861 crore ($700 million) and a greenshoe option to upsize by up to an additional ₹2,512 crore ($300 million). The company … Read more