<h1>Renewable developer raises INR 670 crore via externally guaranteed green bond, AA+ (CE) rating, funds solar and wind expansion</h1> A renewable energy developer issued an externally credit-enhanced green bond of INR 670 crore with a 5-year quarterly amortising profile and an 8.50% coupon, secured by a 65% guarantee from an international guarantor funded by multiple governments. The guarantee enabled credit enhancement leading rating agencies to accord an AA+ (CE) designation. Proceeds are earmarked for expansion of solar, wind and hybrid capacity and associated emissions reductions. The structure highlights use-of-proceeds green labelling, third-party credit support to access higher-quality investor pools, and may serve as a precedent for market deepening and wider corporate access to enhanced liquidity.