Archive · 3 Jun 2025
JSW Neo Energy Seeks $675 Million Loan for O2 Power
JSW Neo Energy is trying to borrow $675 million to buy O2 Power, a company that makes renewable energy.
Deutsche Bank and Mitsubishi are helping JSW get the loan.
The loan's interest rate is based on something called SOFR.
JSW wants to reach a big goal by 2030, and this deal helps them.
India is also trying to make more clean energy.
Other companies are also getting big loans in India right now.
JSW Neo Energy seeks a $675 million loan for O2 Power acquisition.
Deutsche Bank and MUFG are managing the five-year loan.
The loan's interest margin is 170 basis points over SOFR.
JSW Energy agreed to buy O2 Power for $1.5 billion in December.
India's debt market is busy with foreign currency loans to local companies.
- Who
- JSW Neo Energy
- What
- JSW Neo Energy is seeking a $675 million loan.
- When
- Investor meetings are taking place this week.
- Where
- Dubai, Singapore, and Taipei
- Why
- To finance the purchase of O2 Power.
- Loan Amount
- $675 million
- Loan Term
- Five years
- Interest Margin
- 170 basis points over SOFR
- Acquisition
- O2 Power
- Buyer
- JSW Neo Energy
- O2 Power Capacity
- 4.7 gigawatts