Suzlon Energy’s acquisition of Renom Energy Services to boost market presence  

Suzlon Energy has acquired a 76% stake in Renom Energy Services, India’s largest multi-brand renewable energy operations and maintenance (O&M) firm, from the Sanjay Ghodawat Group (SGG). This acquisition is expected to enhance Suzlon’s market presence and facilitate its entry into new markets. Despite the acquisition, Renom will continue to operate independently under its board management. Renom’s portfolio includes 1,782 MW of wind, 148 MW of solar, and 572 MW of balance of plant (BoP)…