CPPIB To Buy 15 Per Cent In Renew Power

CPPIB To Buy 15 Per Cent In Renew Power

CPP Investment Board is acquiring a 14-15% stake in Sumant Sinha-led ReNew Power Ventures for $350 million (Rs 2,250 crore), industry sources said, making the Canadian pension fund manager the third largest stakeholder in the company where Goldman Sachs holds the majority share.

Greenko Completes $1 Bn Green Bond Offer

Greenko Completes $1 Bn Green Bond Offer

Renewable energy company Greenko has completed placement of $1 billion green bonds in the international market. This bond offer is split across two tranche maturities of 5 and 7 years with a weighted average interest rate of 5.1 per cent.