Adani Airports Raises $750 Million Via ECB To Fund Expansion, Debt Refinancing

Adani Enterprises Ltd. on Wednesday said its subsidiary Adani Airports Holdings Ltd. has raised $750 million through external commercial borrowings from a consortium of international banks led by First Abu Dhabi Bank, Barclays Plc., and Standard Chartered Bank.

The funds will be used to refinance existing debt, upgrade infrastructure, and expand capacity at its six operational airports—Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram. It will also support growth in non-aeronautical segments such as retail, F&B, duty-free, and services, the company said.

Adani Airports served 94 million passengers in 2024-25 with a capacity of 110 million. It plans to scale this to 300 million passengers by 2040. The Navi Mumbai International Airport, expected to open shortly, will add 20 million passengers initially, eventually scaling to 90 million annually.