Bharat Housing Network raises $5 million from Symbiotics under $75 million green bond programme with BII

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Bharat Housing Network has secured $5 million in green bonds to enhance financing for clean energy projects. This financing, backed by Symbiotics, will support rooftop solar installations and electric vehicle purchases. The company aims to issue up to $25 million in green bonds by the end of the next financial year. BHN has enabled significant credit for low- and middle-income borrowers and contributed to reducing CO2 emissions.