ReNew Power is a renewable energy company that focuses on wind-energy projects.
ReNew Power is a renewable energy company that develops, builds, owns, and operates utility-scale wind, solar energy, and hydro projects. It has a total capacity of more than 10GW (including projects in the pipeline), ReNew Power’s solar and wind energy projects are spread across 110+ sites, with a presence spanning 8 states in India, contributing to 1.4% of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% of India’s total power sector emissions. In 10 years of its operation, ReNew Power has generated almost 1 lakh jobs, directly and indirectly. It was founded by Mr. Sumant Sinha in 2011 and is based in Gurgaon, India.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Aug 17, 2022 | Post-IPO Debt | $1B | 1 | Rabobank | — | Detail |
Jan 7, 2022 | Post-IPO Debt | $400M | — | — | — | Detail |
Aug 27, 2021 | IPO | — | — | — | — | Detail |
Feb 23, 2021 | Private Equity(PE) | — | 1 | — | — | Detail |
Jan 22, 2020 | Debt Financing | $450M | — | — | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Mar 16, 2022
Natera
|
Post-IPO Equity | $5M | Biotechnology | Yes |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Rabobank | Yes | Post-IPO Debt |
Abu Dhabi Investment Authority | Yes | Funding Round |
Canada Pension Plan Investment Board | Yes | Funding Round |
Goldman Sachs | Yes | Funding Round |
OPIC - Overseas Private Investment Corporation | Yes | Debt Financing |
Yes Bank | Yes | Debt Financing |
JERA | Yes | Private Equity(PE) |
Asian Development Bank | Yes | Debt Financing |
Sylebra Capital | — | Private Equity(PE) |
Global Environment Fund Management | — | Private Equity(PE) |
ReNew Power has acquired 3 organizations. Their most recent acquisition was KCT Renewable Energy on Dec 14, 2017. They acquired KCT Renewable Energy for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Dec 14, 2017
KCT Renewable Energy
|
Energy | acquisition | — | Detail |
Apr 3, 2018
Ostro Energy
|
CleanTech | acquisition | — | Detail |
Jun 4, 2020
Climate Connect Technologies
|
Artificial Intelligence | acquisition | — | Detail |