British International Investment completed the $100m investment in ReNew Energy.

British International Investment, the UK’s development finance institution and impact investor, completed the $100m investment in ReNew Energy, a decarbonisation solutions company. “We’re excited to partner with ReNew on our first venture into solar manufacturing in India. This investment is crucial for building and strengthening the renewable energy supply chain in India. Enhancing India's capacity in solar manufacturing will not only boost clean energy generation but also reduce the country’s dependency on imports, promote sustainable industrialisation and create new jobs. It reinforces BII’s unwavering commitment to making investments that drive sustainable development and climate resilience in India,” Shilpa Kumar, BII MD and Head of India.