Simran Wind Project Private Limited #47246
Created at
2025-05-02
Last update
2025-05-02
4 Parents (Involvements as child)
ID
Name
Techno Electric & Engineering Company Ltd. (TEECL)
Country of registration/origin
India
Classification
Stock-exchange listed company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
ID
Name
International Finance Corporation (IFC)
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
30 000 000
$
Comment
IFC has made a total investment of $35 million, which is a mix of debt & equity. Equity investment by IFC is $5 million, which translates into a 3.38% stake in Simran Wind Projects. The remaining $30 million comes in the form of debt.
In 2015, Simran bought back the 3.38% stake previously held by IFC.
ID
Name
DBS Bank Limited
Country of registration/origin
Singapore
Classification
Stock-exchange listed company
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
20 000 000
$
Comment
Along with IFC, leading foreign banks Standard Chartered Bank & DBS Bank are financing the project in the form of debt by investing $30 million & $20 million respectively.
ID
Name
Standard Chartered Bank
Country of registration/origin
United Kingdom of Great Britain and Northern Ireland
Classification
Stock-exchange listed company
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
30 000 000
$
Comment
Along with IFC, leading foreign banks Standard Chartered Bank & DBS Bank are financing the project in the form of debt by investing $30 million & $20 million respectively.
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
India
Current intention of investment
Wind farm
Current negotiation status
Concluded (Contract signed)
Current implementation status
Startup phase (no production)
Deal size
135.57 ha