ReNew Power raises $295m from Abu Dhabi Investment Authority, Goldman Sachs

ReNew Power raises $295m from Abu Dhabi Investment Authority, Goldman Sachs

The buyout will pump Sembcorp’s renewable assets in India to 583 megawatts upon completion

Indian renewable energy producer ReNew Power Ventures Pvt. Ltd. has raised new equity funding of $265 million from new and existing investors, the company said Tuesday.

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