The funds will be used to refinance a $70m loan from Standard Chartered due in January 2015, and to support the development of renewable power projects in Greenko's portfolio of 2.2GW of hydro and wind assets, said Greenko.
The investment, along with $550m raised in a July bond sale, will allow Greenko to reduce borrowing costs, it added.
"With over 1GW capacity expected in 2015 supported by our continuous efforts to reduce the cost of debt, Greenko is well placed for enhanced shareholder returns," said Anil Chalamalasetty, CEO of Greenko.
London-listed
