# Adani Energy Solutions QIP gets 3x bids; Adani Green plans $1B raise

2026-08-07T01:45:12+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Adani Energy Solutions on Tuesday closed its ₹3,500 crore QIP oversubscribed three times, attracting ₹10,800 crore in bids from mutual funds and insurers. The company will issue 21.7 million shares at ₹1,615 each and use the proceeds for capex, loan repayment and acquisitions. It recently bought IntelliSmart Infrastructure for ₹3,050 crore and reported a 124% jump in June-quarter profit. Separately, Adani Green Energy plans to seek board approval this week to raise up to $1 billion (₹8,200 crore) via QIP, people aware of the matter told The Economic Times. The funds will repay a $750 million bond due next year. The group is also renegotiating terms with TotalEnergies for a planned $4 billion green hydrogen investment, after the French firm paused talks following the Hindenburg report.

## Coverage

- economictimes.indiatimes.com <https://economictimes.indiatimes.com/industry/banking/finance/adani-green-to-seek-board-nod-to-raise-up-to-1-billion/articleshow/100459690.cms>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/adani-energy-solution-qip-to-raise-3500-cr-oversubscribed-three-times/article71277100.ece>

Tags: Adani Green, bonds, fundraising, green hydrogen, TotalEnergies
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