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ReNew Power raises additional $265 million of equity

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ReNew Power raises additional $265 million of equity

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ReNew Power Ventures  Pvt. Ltd., one of India’s largest clean energy companies, recently announced that it has raised new equity funding of $265 million from  new  and  existing  investors.  The  lead  investor  in  this  round  is a  subsidiary  of the  Abu  Dhabi Investment Authority (ADIA), with a commitment of$200 millionfor a significant minority stake in ReNew Power. The new funds will be used for capital expenditure related to implementation of solar and wind projects.

For more information pls go through attached PDF…Press-Release-Final

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Anand Gupta Editor - EQ Int'l Media Network
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