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October 16,2024

Adani Green Energy Delays $1.2 Billion Bond Offering

Adani Green Energy Ltd has postponed its $1.2 billion IG-rated bond offering until after the US presidential elections due to weak market conditions. This bond, backed by 1840 MW of Wind, Solar hybrid assets, is expected to attract significant investor interest. Meanwhile, AGEL reported a strong Q1, with a 23% EBITDA growth and a 24% revenue increase, highlighting its robust financial performance.

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