Adani Green Energy Limited (AGEL) has refinanced a $1.06 billion construction loan secured in 2021 for developing India's largest solar-wind hybrid renewable cluster in Rajasthan. The new long-term financing has a 19-year tenure with a fully amortized debt structure aligned with the asset's lifespan. This refinancing completes AGEL's capital management program for the asset portfolio, ensuring long-term funding aligns with the project's cash flow lifecycle. 

The refinancing facility has received a rating of AA+/Stable from three domestic rating agencies, reflecting confidence in AGEL's financial stability.