Greenko : Pricing of Senior Notes

25 July 2014

Greenko Group plc, the Indian developer, owner and operator of clean energy projects, today announces the pricing of an offering by its subsidiary, Greenko Dutch BV, of 8.00% Senior Notes due 2019 in an aggregate principal amount of US$550.0 million. The net proceeds of the offering will be used primarily towards repaying the Group's existing indebtedness.
Approval-in-principle has been received for the listing of the Notes on the Singapore Exchange Securities Trading Limited (the "SGX-ST"). Admission of the Notes to the SGX-ST is not to be taken as an indication of the merits of the Issuer or the Notes.
For further information please visit www.greenkogroup.comor call:

Anil Chalamalasetty/Mahesh Kolli/ Vasudeva Rao Kaipa
+44 (0)20 7920 3150

Richard Day/Steve Douglas
+44 (0)20 7614 5917

Jeremy Ellis / Gary Clarence
+44 (0)20 7597 4000

Matt Ridsdale / Mike Bartlett/ Niall Walsh
+44 (0)20 7920 3150

Greenko is a mainstream participant in the growing Indian energy industry and a market leading owner and operator of clean energy projects in India utilising a de-risked portfolio of wind, run-of-river hydropower, natural gas and biomass assets. The Group is now focused on building new utility scale wind farms and hydropower projects across India. Greenko intends to increase the installed capacity it operates by winning concessions to develop and build new greenfield assets, as well as making selective acquisitions which enhance shareholder value.
Greenko's portfolio is carefully planned and managed to ensure it offers investors diversification and spreads its risk across a number of projects that utilise various well-proven environmental technologies. The Company's goal is to reach 1,000 MW of operational capacity in 2015 and approximately 2,000 MW in 2018.
With a core belief in sustainability both operationally and environmentally, Greenko endeavours to be a responsible business playing an important role in the community beyond its role in the power generation industry. The Company maintains a continuous involvement in localised projects and community programmes which centre on education, health and wellbeing, environmental stewardship and improving rural infrastructure.
Greenko Group plc was admitted to trading on the AIM market of the London Stock Exchange (LSE: GKO)
in November 2007.

The Notes are being offered in the United States to qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act") and outside of the United States pursuant to Regulation S under the Securities Act. The Notes have not been registered under the Securities Act or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state law. The Issuer does not intend to register any portion of the offering of the Notes in the United States. Nothing in this announcement constitutes an offer to buy, or a solicitation of an offer to sell, securities in the United States or any other jurisdiction in which such offer or solicitation would be unlawful.
This announcement and the information referred to in it, is provided by way of information only and is not an invitation or inducement to engage in any investment activity.
This announcement may contain forward-looking statements, which are based on current expectations and projections about future events and include all statements other than statements of historical facts, including, without limitation, any statements preceded by, followed by or that include the words "targets", "believes", "expects", "aims", "intends", "will", "may", "anticipates", "would", "should", "plans", "could", "seek to", "predicts", "projects", "estimates", "foresees" or similar expressions or the negative thereof. Any such forward-looking statements are based on a number of assumptions about the operations of the Company and factors beyond the Company's control and are subject to significant risks and uncertainties. Accordingly, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements speak only as of the date of this announcement. The Company has no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates. Given the aforementioned risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements as a prediction of actual results or otherwise.

distributed by