ReNew Power to raise $300 million via rights issue

ReNew Power to raise $300 million via rights issue

Goldman Sachs Inc, Canada Pension Plan Investment Board and Abu Dhabi Investment Authority, the existing investors of ReNewPower, are putting in an additional $300 million into the green energy company through a rights issue, people with knowledge of the matter told ET.

ReNew Power, NTPC eye PTC India’s wind power business

ReNew Power, NTPC eye PTC India’s wind power business

ReNew Power Ltd, India’s largest clean energy company, and state-run power utility NTPC Ltd have shown interest in the ongoing sale process of PTC India Ltd’s wind power business, said two people aware of the development, requesting anonymity.

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