Serentica Renewables Secures Over USD 100 Million in Funding from Rabobank and Société Générale.

Banking & Finance

In June 2025, Gurugram, Haryana-based Serentica Renewables, India’s leading Commercial & Industrial (C&I) focused Renewable Energy (RE) company, secured over USD 100 million in debt financing from two global financial institutions: Rabobank (Utrecht, the Netherlands) and Société Générale SA (Paris, France).


      - The funds will support the development of a 300 Mega Watt (MW) solar power project in Rajasthan.

      - This marks Serentica’s second successful External Commercial Borrowing (ECB) financing.

     

Main Point :-   (i) The 300 MW project will include the development of a Photovoltaic (PV) park, which will generate renewable electricity for Bharat Aluminium Company Limited (BALCO), a subsidiary of the Vedanta Group, based in New Delhi, Delhi.

      (ii) As of 2025, Serentica Renewables has achieved 1,000 MW of renewable energy capacity through ongoing projects across several Indian states. The projects utilize a mix of solar, wind, energy storage, and advanced grid balancing solutions.

(iii) Established in 2022, Serentica is backed by a USD 650 million investment from KKR & Co. Inc. (New York, USA), and is committed to decarbonizing hard-to-abate industries by providing firm and dispatchable renewable energy solutions.

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