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Renewable Developer ReNew Power Raises $300 Million Through Rights Issue

The subscribers Goldman Sachs, ADIA, and CPPIB, will infuse $100 million each

July 2, 2019

/ Anjana Parikh
/ Markets & Policy, Solar
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ReNew Power, the Indian renewable energy project developer, has announced raising $300 million through a rights issue. A rights issue is when a company issues its existing shareholders a right to buy additional shares in the company.

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Anjana Parikh

More articles from Anjana Parikh.
ADIAGoldman SachsInvestorsReNew PowerRights Issueshareholders
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