ReNew Global Energy Plc (ReNew) has received a final non-binding acquisition proposal from a powerful consortium led by Canada Pension Plan Investment Board (CPP Investments), Abu Dhabi Future Energy Company PJSC–Masdar, and ReNew’s founder, Sumant Sinha. The offer, valuing ReNew at $8.15 per share, represents an increase of $1.08 per share over the previous bid made in December 2024.
The consortium seeks to acquire all outstanding shares of ReNew that it does not already own, underscoring growing global investor confidence in India’s renewable energy market and ReNew’s leadership position in the sector.
ReNew’s Board of Directors’ Special Committee is currently evaluating the revised offer to ensure it aligns with shareholders’ best interests. If approved, this transaction would mark one of the largest private renewable energy acquisitions in recent history.
The move reflects the consortium’s belief in ReNew’s long-term growth potential, driven by its strong asset base, innovation in clean energy technologies, and expanding global partnerships. The deal also signals continued international capital interest in India’s green transition and sustainable infrastructure.
With this development, ReNew continues to power India’s green future — one strategic move at a time.
