Fortum financing solar spares India banks made wary by SunEdison

Fortum financing solar spares India banks made wary by SunEdison

Photo: Pixabay

Finnish utility Fortum OYJ is ready to self-finance Indian solar projects that promise to generate electricity at record-low prices, boosting Prime Minister Narendra Modi’s renewable energy ambitions and sidelining bankers spooked by SunEdison Inc.’s insolvency.

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