Candi Solar Secures USD 58.5 Million from International Finance Corporation (IFC) to Power Next Growth Phase
Published on: Dec. 15, 2025, 5:45 p.m. | Source: The Tribune
Mumbai (Maharashtra) [India], December 15: Candi Solar, a leading clean energy company specialising in distributed solar solutions for commercial and industrial (C&I) businesses, has secured USD 58.5 million in funding led by the International Finance Corporation (IFC), a member of the World Bank Group. This syndicated debt funding facility - the company's largest round to date - brings Candi's total capital raised to over USD 200 million and positions it firmly in the league of trusted, institutional-grade clean energy platforms.
