General Announcement::Continuum Green Energy Pvt Ltd, India, to raise INR 12.56 bn (approx. US$ 150mn) of primary equity

Issuer & Securities

Issuer/ Manager
CONTINUUM ENERGY AURA PTE. LTD.
Securities
CONTINUUMEAUS$435M9.5%N270224A - US21218JAB89 - 5W9B
CONTINUUMEAUS$435M9.5%N270224R - USY1758JAD55 - VWBB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
19-Aug-2024 09:10:18
Status
New
Announcement Sub Title
Continuum Green Energy Pvt Ltd, India, to raise INR 12.56 bn (approx. US$ 150mn) of primary equity
Announcement Reference
SG240819OTHR5JJC
Submitted By (Co./ Ind. Name)
Dr Pan Peiwen
Designation
Director
Effective Date and Time of the event
19/08/2024 00:00:00
Description (Please provide a detailed description of the event in the box below)
Continuum Green Energy (Continuum), one of the leading renewable energy groups in India focused on commercial and industrial consumers, and Just Climate, a specialist investment business focused on scaling solutions for the highest-emitting, most off-track sectors of the economy, today announced that they have entered into a definitive agreement, pursuant to which Just Climate will invest INR 12.56 bn (approx. US$150 million) in new ordinary equity of Continuum Green Energy Pvt Ltd, India, a 100% subsidiary of Continuum Green Energy Holdings Ltd, Singapore to support Continuum's continued deployment of wind-solar-hybrid energy generation and storage projects across India. The closing of the transaction is subject to the fulfilment of the conditions precedent, including receipt of applicable regulatory and third party approvals.

Attachments

Continuum Press Release 19.08.24.pdf
Total size =452K