BluPine raises Rs 5,400 cr loan underwritten by Axis Bank

BluPine Energy, backed by Actis, has secured a significant ₹5,400 crore loan from Axis Bank. This long-term financing will support its renewable energy portfolio. The loan is secured against operating solar and wind assets. BluPine Energy is developing substantial renewable capacity in India. Proceeds will refinance existing borrowings, strengthening its financial position.