ReNew’s C&I arm raises USD 95 million equity
ReNew Green Energy Solutions, the commercial and industrial (C&I) clean energy arm of ReNew Energy Global, has raised USD 95 million in an equity funding round. The transaction was led by LeapFrog Investments with a USD 50 million commitment, while the remaining capital was provided by Emerging Market Climate Action Fund and Carlyle AlpInvest. Portfolio and customers ReNew Green operates a 2.5 GW clean energy portfolio serving corporate and industrial consumers across multiple states, with…