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Symbiotics Investments launches US$ 7.5Mn Green Bond in India

Green bonds are fixed investments used to fund projects that have positive environmental and climate benefits.

Image - Symbioti

Leading investment firm, Symbiotics Investments has launched a US$ 7.5 million Green bond with Namdev Finvest Private Limited (NFPL), a leading non-banking financial company in Rajasthan, India.

The investment, issued as a 4-year, senior secured, local currency loan to NFPL, will be used to finance electric mobility, renewable energy, and energy efficiency projects.

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