Jakson Green Secures Sustainable Trade Facility of INR 600 Million from HSBC India
This funding will support the company's working capital requirements for its renewable energy business, both in India and internationally.
May 30, 2024. By News Bureau
Jakson Green, renowned for its pioneering work in the sector of Renewables, Green Hydrogen and its derivatives, is actively expanding its global reach in Middle East, Africa, CIS countries and Europe. This Sustainable Trade Facility from HSBC India underscores Jakson Green's unwavering commitment to ESG responsibilities and its leadership in promoting a sustainable and inclusive future.
Chandan Goswami, Chief Financial Officer of Jakson Green Pvt. Ltd. said, "This partnership with HSBC India is a significant milestone for Jakson Green. It not only bolsters our renewable energy initiatives within India but also supports our global expansion. Through this facility, we solidify our commitment to paving the way for a brighter, greener world for generations to come, with clean energy solutions at the forefront of our mission. ”
Commenting on this development Ajay Sharma, Head of Commercial Banking, HSBC India said “We are committed to supporting and financing the Clean Energy Transition in India. We are pleased to support Jakson Green in their journey to scale up their clean energy business, aligned with our strategic focus on working with our clients to support their sustainability goals.”
This collaboration further signifies Jakson Green's dedication to nurturing sustainability and accountable business practices, reinforcing its mission to create a more responsible future where clean energy solutions illuminate a brighter, greener world for generations to come.
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