IFC considers $100m investment in Indian solar
The International Finance Corporation (IFC) has proposed a $100 million investment in Indian infrastructure-focused non-banking financial company (NBFC) L&T Infrastructure Finance (LTIF) to support solar energy projects in the country.
The investment under consideration would see IFC subscribe to non-convertible debentures to be issued by LTIF, according to a disclosure. LTIF will use the resulting long-term financing to provide credit...
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