PROJECT

Projects

Summary of Investment Information

Project Number

45140

Company Name

CONTINUUM ENERGY LEVANTER PTE. LTD.

Date SPI Disclosed

Feb 18, 2021

Country

India

Region

South Asia

Projected Board Date

Jan 27, 2021

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jan 26, 2025

Department

Regional Industry - INF Asia & Pac

Industry

Infrastructure

Previous Events

Approved : Jan 28, 2021
Signed : Jan 29, 2021
Invested : Feb 9, 2021

Sector

Wind Power - Renewable Energy Generation

Project Description

Continuum Energy Levanter Pte Ltd. (‘Issuer’), a wholly owned SPV of Continuum Green Energy Ltd, Singapore (‘Continuum’ or ‘the Company’) aims to issue its maiden green bond of US$500-600 million, to be listed on the SGX. The proceeds of the Green Bond will be used to refinance the project debt at six of its operating entities of the Continuum Group which together will form part of a bond issuing Restricted Group (“RG1”). RG1 has an aggregate capacity of 722.9MW, comprising operational wind and solar assets which have the States of Madhya Pradesh and Maharashtra as off takers and Power Purchase Agreements with C&I customers in the States of Gujarat and Tamil Nadu.

Associated Advisory Engagement

 N/A

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation