Introduction:
A leading renewable energy stock has raised ₹2,491 crore via long-term refinancing to cut borrowing costs across its 490 MW operational solar assets in Andhra Pradesh, Rajasthan, and Punjab, enhancing financial strength and project viability over an 18–20 year tenure.
Share Price movement of ACME Solar Holdings:
On April 3, 2025, ACME Solar Holdings Limited opened at ₹193.10, reaching a high of ₹201.70, up 5.00% from the previous close of ₹192.10, and a low of ₹193.00. The stock is currently trading at ₹201.70, with a market cap of ₹12,204.62 Crores.
ACME Solar Holdings finalised ₹2,491 Cr debt refinancing deal:
ACME Solar Holdings has secured a long-term refinancing facility of ₹2,491 crore to reduce borrowing costs for 490 MW of operational renewable energy projects across Andhra Pradesh, Rajasthan, and Punjab. The financing tenure ranges from 18 to 20 years.
The refinancing facility has been arranged through SBI and REC at a reduced average interest rate of 8.8%. This move has significantly improved the credit rating for Andhra Pradesh and Punjab projects under a co-obligor structure, aligning with the group’s financial strengthening goals.
The Andhra Pradesh and Punjab plants have an operational track record of nearly nine years, while the Rajasthan facility has been operational for around three years. The refinancing strengthens ACME’s overall credit position and supports long-term cost efficiencies in renewable project financing.
Recent news About ACME Solar Holdings:
ACME Solar Holdings shares listed on November 13, 2024, at a discount to their IPO price, with a listing price of ₹251 on NSE and ₹259 on BSE, representing a discount of 13.15% and 10.38% respectively.
Stock performance of ACME Solar Holdings for Period of 1 week:
ACME Solar Holdings stock declined by 1.64% over the past week, reflecting short-term volatility in market sentiment. Despite the drop, the company remains focused on strengthening its financial profile.
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Shareholding pattern of ACME Solar Holdings:
| All values in % | Dec-24 |
| Promoters | 83.41 |
| FII | 5.54 |
| DII | 6.97 |
| Retail & others | 4.07 |
About ACME Solar Holdings:
ACME Solar Holdings Ltd (NSE : ACMESOLAR) is a leading Indian renewable energy company focused on developing and operating large-scale solar power projects. It plays a key role in advancing sustainable energy solutions and reducing carbon emissions across multiple states through long-term clean energy infrastructure investments.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
