Sunstream Green Energy Secures ₹700 Crore SBI Refinancing for 250 MW Renewable Energy Portfolio
Sunstream Green Energy recently completed its ₹700 crore refinancing by State Bank of India for a 250 MW+ solar portfolio developed over a three- year period and across 17 sites in Maharashtra which marks a significant milestone in the evolving maturity of India’s renewable energy sector. The refinancing validates the portfolio’s operational strength while delivering nearly 125 basis points of interest cost efficiency and stronger long-term capital productivity.
Founded by Bhadra Kanaiya in 2020, Sunstream Green Energy has rapidly emerged as a growing renewable energy platform with a 1 GW pipeline across utility-scale and C&I solar projects, driven by a mission to achieve 2 GW capacity by 2030. Backed by Singapore-based institutional capital, the company aims to expand beyond solar into integrated clean energy solutions spanning BESS and wind energy, positioning itself for the next phase of India’s clean energy transition.