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The latest announcement is out from Adani Green Energy Limited ( (IN:ADANIGREEN) ).
Japan Credit Rating Agency has initiated long-term foreign currency credit ratings on three key Adani Group entities, assigning Adani Green Energy Limited and Adani Energy Solutions Limited a BBB+ rating with a stable outlook, in line with India’s sovereign rating, and awarding Adani Ports & SEZ an A- rating with a stable outlook, one notch above the sovereign. The move marks a notable milestone in Adani’s global credit journey, positioning its infrastructure platforms more prominently on the international stage and signalling strong credit profiles, diversified assets and resilient cash flows that may enhance the group’s access to global capital and reinforce investor confidence in its long-term infrastructure and energy-growth strategy.
More about Adani Green Energy Limited
Adani Green Energy Limited is a leading Indian renewable energy company focused on developing, owning and operating utility-scale solar, wind and hybrid power projects. As part of the broader Adani Group infrastructure portfolio, it targets large-scale clean energy generation to support India’s transition to sustainable power and serves both domestic and international investors seeking exposure to green infrastructure assets.
Average Trading Volume: 294,761
Technical Sentiment Signal: Sell
Current Market Cap: 1315.7B INR
For a thorough assessment of ADANIGREEN stock, go to TipRanks’ Stock Analysis page.