Photographer: Prashanth Vishwanathan/Bloomberg

Modi’s $200 Billion Renewable Push to Fuel Green Bond Bonanza

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  • Citigroup sees companies tapping market aggressively
  • Moody’s predicted 2016 global issuance of up to $70 billion

A $200 billion spending push by India to boost renewable power output will help drive a surge in issuance of green bonds, according to a unit of Citigroup Inc., the country’s largest arranger of offshore note transactions in 2016.

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