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25 items- PRReNew Power Announces Two Acquisitions Totaling 359 MWs of Renewable Energy AssetsReNew signs binding agreements for the acquisition of two operating portfolios 99MW hydropower project in Uttarakhand, 260MW/330MWp solar projects in the state of TelanganaThe combined enterprise value of the acquisitions is around INR 28.5 billion (US$ 384.0 million) Adds approximately INR 3.8 – 4.0 billion (US$ 50.7 – 53.4 million) of EBITDA on a full-year basisReNew announces its entry into hydropower, enabling it to expand its offerings and provide value-added solutions to the market The transaction is expected to earn an equity return within ReNew's targeted range and is another step towards meeting its growth targets GURGAON, India, Aug. 11, 2021 /PRNewswire/ -- In line with its strat
- PRReNew Power Signs India's First Round-The-Clock Renewable Energy PPAGURGAON, India, Aug. 6, 2021 /PRNewswire/ -- ReNew Power ("ReNew" or "the Company"), India's leading renewable energy company, today announced that it has signed a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA is with the Solar Energy Corporation of India (SECI), a Central Government owned entity, which has an AA+ domestic debt rating by ICRA, a subsidiary of Standard & Poor's. ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew Power will supply electricity in the first year at ₹ 2.90/kWh (~US 3.9¢). This tariff will increase by 3% annually for t
- PRRenew Power Signs MoU with RackBank to Power India's First Hyper-Scale Data Center with 100% Renewable EnergyGURGAON, India, Aug. 3, 2021 /PRNewswire/ -- ReNew Power ("ReNew" or "the Company"), India's leading renewable energy company, today announced the signing of a Memorandum of Understanding (MoU) with RackBank Datacenters Limited ("RackBank"). RackBank is a data center platform providing data center services including but not limited to dedicated servers, managed servers and colocation services. ReNew will supply power generated from renewable sources to RackBank's hyper-scale data center in India after a Power Purchase Agreement (PPA) is signed with RackBank. As laid out in the MoU, ReNew will construct, co-own, and operate a hybrid power generation facility specifically to supply power to R
- PRReNew Energy Global PLC Announces Proposed Board of Directors for Post-Combination CompanyLONDON, June 28, 2021 /PRNewswire/ -- ReNew Energy Global PLC, ("the Company" or "ReNew Global") today announced the proposed appointment of a new Board of Directors, which is to be seated after the close of the Company's proposed business combination with RMG Acquisition Corporation II ("RMG II"). The proposed Board of Directors for ReNew Global include the following six independent Directors: Sir Sumantra Chakrabarti, formerly the President of The European Bank for Reconstruction and Development for two terms and Advisor to the Presidents of Kazakhstan and Uzbekistan on Economic Development. Sir Sumantra will also be the chairperson of the nomination committee. Mr. Manoj Singh, formerly
- PRUN Global Compact Recognises Sumant Sinha of ReNew Power as One of Ten SDG PioneersGURGAON, India, June 17, 2021 /PRNewswire/ -- The United Nations Global Compact today recognised Sumant Sinha, Chairman & MD of ReNew Power as one of ten 2021 SDG Pioneers. SDG Pioneers are business leaders selected by the UN Global Compact for doing an exceptional job to advance the Sustainable Development Goals (SDGs) through the implementation of the UN Global Compact Ten Principles on human rights, environment, labor, and anti-corruption. This year's global search focused on professionals working at any level in a company participating in the UN Global Compact and the winners selected come from every continent. Sumant Sinha of ReNew Power was recognised as an SDG Pioneer of the
- PRReNew Power, India's Leading Renewable Energy Company, Announces the Commissioning of 105 MW Solar Generation ProjectGURGAON, India, April 21, 2021 /PRNewswire/ -- ReNew Power ("ReNew", or "the Company"), India's leading renewable energy company, announced that it has commissioned a 105 megawatt (MW) solar generation facility in the Indian state of Gujarat. The project has a 25-year power purchase agreement with the Gujarat Urja Vikas Nigam Limited (GUVNL) to provide clean electricity to the state of Gujarat at a tariff of Rs 2.68/kWh (US$0.036/kWh). ReNew will deploy advanced mono perc solar modules with seasonal tilt structure design as part of the project to ensure greater generation efficiency and maximum utilization of assets at the solar farm. This project located in the Patan District of Gujarat, t
- SECSEC Form 425 filed by RMG Acquisition Corp. II425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- 13D/GSEC Form SC 13G filedSC 13G - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 8-K/A filed8-K/A - RMG Acquisition Corp. II (0001820143) (Filer)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- SECSEC Form 8-K filed8-K - RMG Acquisition Corp. II (0001820143) (Filer)
- SECSEC Form 425 filed425 - RMG Acquisition Corp. II (0001820143) (Subject)
- 13D/GSEC Form SC 13G filedSC 13G - RMG Acquisition Corp. II (0001820143) (Subject)