JSW Energy has re-organised its Green (Renewable) and Grey (Thermal) businesses. The company said that all the existing and upcoming renewable energy businesses will be housed under JSW Energy Neo, its wholly-owned subsidiary. This is in line with the announcement made by the Company on July 30, 2021.
"This move will help the Company in building and streamlining its renewable portfolio and setting up a holding structure which is efficient for fund-raising and unlocking value for shareholders. In May 2021, JSW Hydro Energy had issued green bonds of $ 707 million, which was the largest hydro green bond issuance in