Tag: energy

Barakah Nuclear Plant Refinancing Gets ESG Loan Deal of the Year

- May 7, 2024

  In a significant recognition of sustainable finance, the Barakah Nuclear Energy Plant’s AED 8.89 billion ($2.42 billion) refinancing has been awarded the ESG Loan Deal of the Year at the Bonds, Loans & Sukuk Middle East Awards. This landmark deal was orchestrated by Barakah One Company, a subsidiary of the Emirates Nuclear Energy Corporation (ENEC), with

Serentica, Indian Oil to Invest Heavily in Renewables

- May 1, 2024

Indian Oil Approves Rs 5,215 Crore Investment in Renewable Energy In a significant move, Indian Oil Corporation (IOCL), the country’s largest refiner, announced a Rs 5,215 crore investment to build a 1 gigawatt (GW) renewable energy capacity. This ambitious plan, approved by the IOCL board, involves setting up a mix of solar, wind, and hybrid