Masdar, CPPIB, ADIA and Sumant Sinha to acquire the remaining 37% stake in ReNew in a $2.82bn deal.

Synopsis

Masdar, a UAE-government owned renewable energy company, CPPIB, a global investment management organization, ADIA, a sovereign wealth fund, and Sumant Sinha, offered to acquire the remaining 37% stake in ReNew, a renewable energy company based in India, in a $2.82bn deal.

Principals

target

Renew Energy Global

bidder

Abu Dhabi Future Energy Company (masdar)

Show Details & Financials

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Market Context

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.