Adani Green: AGEL RG1 operates solar generation assets with a combined capacity of 930MW. The rating, Fitch said, was underpinned by long-term power purchase agreements and commercially proven technology with a pure solar portfolio.

Adani Green Energy shares in focus as Fitch says outlook for AGEL RG1 stable

Adani Green Energy share price today: Shares of Adani Green Energy gained after two sessions of fall today. The stock climbed 1.16% to Rs 982.15 against the previous close of Rs 970.80 on BSE.

Adani Green Energy shares gain after two sessions; check details

Adani Green Energy Limited (AGEL) on Friday said its arm Adani Wind Energy Kutchh Five Limited (AWEK5L) has commissioned a 130-MW wind power plant located at Kutch in Gujarat.

AGEL arm commissions 130-MW wind energy plant in Gujarat | The Financial Express

AGEL commissions 130-MW wind plant in Guj; portfolio crosses 1 GW-mark

Commissioned by Adani Wind Energy Kutchh Five Ltd, the plant has a 25-year Power Purchase Agreement with Solar Energy Corporation of India at Rs 2.83 per kWh.

Adani Green Energy arm commissions 130 MW wind power plant in Kutch

The $500-million senior secured notes were issued in part by each of the three special purpose vehicles of Adani Green Energy.

Fitch Affirms Adani Green Entities’ Dollar Notes Rating At ‘BB+’; Outlook Stable

The capital raised by Adani Green Energy will be used to repay an outstanding $750 million, three-year bond issued in 2021 that’s due next year. The money is likely to be kept in a dedicated redemption reserve account and paid on the due date, said people aware of the matter.

Adani Green to seek board nod to raise up to $1 billion

Shares of Adani Wilmar (up 29 per cent), Adani Power (up 16 per cent), Adani Transmission (up 15 per cent) and Adani Green Energy (up 15 per cent) also gained in double-digits.

Stocks to buy: Which Adani group shares to buy after a 3-day rally

The current plan to raise funds is part of a group’s proposal outlined internally in 2022 to build a three-year equity cushion to support the company’s expansion plans.

Adani Green Energy to ask board’s approval to raise up to Rs 8,200 crore via QIP

Adani Green Energy’s board meet was already once rescheduled from May 13 to May 24. Initially, Adani Green Energy had on May 10 said its board would consider fundraising on May 13.

Adani Green Energy shares in focus as board meet on fundraising postponed, again

Adani Green Energy share price: The Adani Group firm postponed its planned board meeting on fundraising, scheduled for today, due to the non-availability of directors. “It may please be noted that on account of non-availability of Directors, the meeting of the Board of Directors is now cancelled. Th…

Adani Green Energy shares lose steam after revisiting Rs 1,000 level; here’s what analysts say

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Adani Green Energy is a power generation company.It builds and operates solar and wind energy power plants in India