ReNew Power, with this stake sale, is now valued at $2b.
Actis wants to repeat the success of its existing Indian renewable energy platform Ostro Energy.
Backing Munjal’s ambitious plan is around $125 million cash from IFC.
JPMorgan holds about 75% stake in Leap Green Energy.
An investment by ICD will be a ratification of India’s strategy on renewable energy
Amplus is backed by US private equity firm I Squared Capital.
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