INR2.0 billion capital raise for Rays Power Infra

RMB is proud to have acted as a sole financial advisor to Rays Power Infra Private Limited, one of India’s largest solar EPC companies, for raising growth capital of INR2 billion from DMI Finance Private Limited. The proceeds of the capital raise would be utilized by Rays Power Infra for expansion of its solar power development business. This transaction marks yet another transaction closure by RMB in the renewable energy sector and endorses RMB's capabilities to deliver creative solutions, customized and structured as per the requirements of its clients.