India's Adani Total Gas gets $375 million financing, will expand distribution network
India's Adani Total Gas said on Friday it has secured maiden financing worth $375 million, which it would use to expand its city gas distribution network. The firm, which is a joint venture between ports-to-power Adani Group and TotalEnergies SA,
Adani Total Gas secures USD 375 million financing from global lenders
The maiden financing of USD 375 million executed with international lenders includes an initial commitment of USD 315 million with accordion feature to enhance the commitments. The five international lenders participated in the initial financing, which includes BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation.
Adani Total Gas Secures USD 375 Million Funding for Expansion
Adani Total Gas Ltd, a joint venture between Adani group and TotalEnergies, has secured USD 375 million in funding from global lenders to expand its city gas distribution network across 34 geographical areas in India.
India's Adani Total Gas gets $375 mln financing, will expand distribution network
India's Adani Total Gas said on Friday it has secured maiden financing worth $375 million, which it would use to expand its city gas distribution network.
Adani Total Gas secures $375 million to boost city gas distribution network
Adani Total Gas Ltd, a joint venture between Adani Group and TotalEnergies, has secured its first-ever financing of $375 million. The funds will be used to expand the company's city gas distribution network across India.
Adani Total Gas Secures $375 Million in First Global Financing
Adani Total Gas Ltd. has obtained USD 375 million from international lenders in its first global financing deal. This funding will help expand its City Gas Distribution network, catering to 14% of India's population and promoting wider use of eco-friendly fuels like Piped and Compressed Natural Gas.
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