ACME Solar Holdings has secured a ₹1,072 crore domestic project finance facility to refinance existing debt for its 250 MW operational solar project in Rajasthan, operated by its subsidiary ACME Aklera Power Technology Pvt Ltd

The project, with an 18-month operational track record, achieved a Capacity Utilisation Factor (CUF) of 29.3% in FY25. The refinancing, secured from a consortium led by Bank of America and Standard Chartered Bank, carries an 18-year tenure and reduces the financing cost by 95 basis points to 8.5% per annum. This move is part of ACME’s broader strategy to optimize capital structure, lower debt costs, and enhance its credit profile. Over the past six months, the company has completed ₹4,575 crore in refinancing. Rajat Kumar Singh, Group CFO, stated that the initiative reflects ACME’s commitment to building a financially efficient and resilient clean energy portfolio while diversifying funding sources and lender partnerships.