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

Banking & Finance | Dated: 11 Jun 2025

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).

🎯 Key Highlights:

  • - 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.

💡 Other Important Facts:

  • (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.

📚 Test Your Knowledge:

Which renewable energy firm recently secured over USD 100 million in funding from Rabobank and Société Générale?

Correct Answer: Serentica Renewables

🚀 Quick Recap: