Actis looks to buy Indian clean energy major ReNew's 550 MW capacity for $400m

Photo: Sungrow EMEA/Unsplash

Private equity company Actis Llp is in talks with India’s largest independent renewable energy producer ReNew Power to buy 550 MW of its capacity for nearly 3,000 crore, said two people aware of the development.

The projects for sale by the Sumant Sinha-founded firm include 300 MW project at Pavagada solar park in Karnataka’s Tumkur district and a 250 MW wind farm in Gujarat.

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