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Adani New Industries, a wholly owned subsidiary of Adani Enterprises, has secured a trade finance facility amounting to $394 million from Barclays PLC and Deutsche Bank AG. The funds will be utilised to fulfil the working capital needs of their integrated solar module manufacturing facility.Adani is actively building one of the largest integrated green hydrogen businesses, which includes the manufacturing of solar modules and wind turbines. To achieve this, the company is establishing a fully integrated 10 GW solar manufacturing ecosystem in Mundra, covering the entire process from polysilicon to module manufacturing, along with ancillaries and supporting utilities.Presently, the company has a solar cell and module manufacturing capacity of 3.5 GW. In a significant milestone, Adani commenced the construction of a polysilicon and monosilane manufacturing facility in Mundra, Gujarat, making it the first company to do so as of December last year.Adani Solar earned recognition as a top solar module supplier in India for the year 2022, securing 9 per cent of the total modules supplied during that period, according to Mercom's India Solar Market Leaderboard 2023.Additionally, Adani Transmission, a business arm of the company engaged in electricity transmission, has undergone a name change and is now known as Adani Energy Solutions, effective from July 27, 2023.Another subsidiary of Adani, Adani Green Energy, has ambitious plans to raise Rs 123 billion ($1.4 billion) through the sale of shares via qualified institutional placement or other permissible methods. The company intends to issue equity shares, each with a face value of Rs 10 ($0.12), along with other eligible securities or a combination thereof, with the total amount raised not exceeding Rs 123 billion ($1.4 billion) or its equivalent.In March, US-based equity investment firm GQG Partners executed a substantial deal involving a series of secondary block trade transactions valued at Rs 154.46 billion ($1.87 billion) in Adani Portfolio companies. This included an investment of Rs 54.6 billion ($663.21 million) in Adani Enterprises for 38.7 million shares at a price of Rs 1,410.86 ($17.14) per share.Moreover, in February, Adani Enterprises decided to return Abu Dhabi鈥檚 International Holding Company's AED 1.4 billion (~$381 million) investment into its three green energy-focused companies. The move was taken to safeguard the interests of its investors amidst market volatility and unforeseen circumstances, leading to the withdrawal of the completed transaction.