ReNew Energy Global Plc reported a sharp rise in FY26 profitability, with net profit increasing to Rs 1,038.5 crore from Rs 459.1 crore in FY25, supported by higher revenues and strong growth in its manufacturing business. Total income for FY26 rose 38% year-on-year (YoY) to Rs 15,063.5 crore, compared to Rs 10,907 crore in the…
ReNew Energy Global Plc has agreed to divest its sole commissioned project in Tamil Nadu, a 100 MW/117.5 MWp solar facility, to the Technique Solaire Group at an enterprise value of $49 million, as per a filing with the US Securities and Exchange Commission. The company signed a definitive agreement on March 23, 2026, with…
ReNew Energy Global has entered into an agreement to sell its entire stake in ReNew Sun Waves Pvt Ltd (RSWPL) to Anzen India Energy Yield Plus Trust for $176 million. RSWPL operates a 300 MW solar asset in Jaisalmer, Rajasthan. The deal will close after fulfilling contractual obligations, conditions precedent, and lender approvals. The enterprise…
Major investors in ReNew Energy Global have proposed taking the clean power generator private in a deal valued at $2.82 billion. The consortium, which includes the Canada Pension Plan Investment Board and UAE-based Masdar, holds 64% of the company’s voting rights and has offered to buy ReNew’s shares at $7.07 each. The offer represents an…