Greenko secures $520M financing from National Bank for Financing Infrastructure and Development

Greenko, a renewable energy developer, secured approximately $520 million (48 billion rupees) in financing from the National Bank for Financing Infrastructure and Development. This funding, obtained earlier in 2026, is intended to refinance dollar-denominated debt maturing in the coming months. The deal supports Greenko's operations across 20 Indian states.

Counterparts (2)

Developer

Greenko

company

Greenko is an Indian renewable energy company focused on developing and operating clean energy projects. They are primarily involved in hydropower, solar, wind, and integrated energy storage projects.

Lender

N

National Bank for Financing Infrastructure and Development

company

New Delhi-based National Bank for Financing Infrastructure and Development (NaBFID) is a Development Financial Institution established by the Government of India to provide long-term finance for infrastructure projects across diverse sectors in India, with an authorized capital of $12 billion and loan sanctions exceeding $9.6 billion.