To date, over three dozen financial institutions have made commitments to not finance the project, and after spending nearly a decade in search of the funds, Adani finally announced in November 2018 that it had secured the billions of dollars necessary to build the mine. Who was the mysterious investor? Turns out it was the Adani Group itself. You can only imagine how desperate a company would need to be before committing to fund a project requiring billions of dollars off its own balance sheet after a years-long search for an investor.
Stephanie Roker
Editor
Stephanie joined Palladian Publications in 2015 and is now the Editor of World Coal, Dry Bulk and Global Mining magazine. She has enjoyed learning about the industry and hopes to develop this understanding more, for many years to come.
Stephanie spent most of her life living in Norway, where she attended an international school, before returning to England for university. She graduated from the University of Winchester in 2015, with a BA (Hons) in English Literature.
Her pastimes include reading, travelling, cooking and annoying her cat.
