Mufin Green Finance has allotted Rs 90 crore worth of secured, rated and listed non-convertible debentures (NCDs) through a private placement to support the expansion of its green-lending portfolio.
The company said the fresh capital will be directed towards financing in key sustainable sectors, including electric mobility and both rooftop and commercial solar installations.
The NCD issuance strengthens Mufin Green Finance’s ability to scale its asset book at a time when demand for clean-energy solutions is accelerating across India. The company has been actively building a presence in the electric vehicle ecosystem, supporting both individual and fleet-based adoption. Its solar financing initiatives also target increased uptake of decentralised and commercial renewable energy systems.
According to the firm, the proceeds from the private placement will help it meet rising credit requirements in the green infrastructure sector while contributing to broader national goals centred on sustainable mobility and clean-energy deployment. The issuance reflects continued investor interest in environmentally focused financial instruments as India transitions to low-carbon growth models.
Mufin Green Finance stated that it remains committed to serving segments that are underserved by traditional lenders, particularly within the rapidly growing EV and solar ecosystems. The latest capital infusion will support its ambition to widen access to green financing solutions across the country.
Send news announcements/press releases to:
info@b2bmarketmedia.com
