ACME Solar Holdings secures ₹1,100 crore refinancing from SBI
ACME Solar Holdings Limited has secured domestic funding of ₹1,100 crore for its subsidiary, rated CRISIL AA- to refinance the existing debt and reduce financing cost by around 100 bps for its 300 MW renewable energy project in Rajasthan. This project has an operational track record of about 6 months and consistently maintains optimum CUF levels.